Understanding the $7,500 federal tax credit for buying an electric vehicle
September 12, 2024
Interested in buying a plug-in electric vehicle? You may be eligible for a valuable federal tax credit. Here are the rules.
6 tax-free income opportunities
September 4, 2024
You may be able to collect federal-income-tax-free income and gains in several different ways. Here are six of them.
How are Series EE savings bonds taxed?
July 24, 2024
If you own Series EE bonds, take a look at the issue dates to see if the bonds are no longer earning interest. Here’s how bond interest is taxed.
Six tax issues to consider if you’re getting divorced
July 19, 2024
Getting a divorce can be an agonizing process. You don’t want to make it worse by making decisions that will cost you more in taxes. Here are six issues to consider if you’re getting a divorce.
Planning your estate? Don’t overlook income taxes
July 11, 2024
The federal estate tax exemption is currently $13.61 million, so you may want to think more about saving income taxes for your heirs (rather than worrying about estate taxes).
Certain charitable donations allow you to avoid taxable IRA withdrawals
July 2, 2024
Here’s a strategy for older taxpayers who are charitably minded and also must take required minimum distributions from their traditional IRAs.
