Taxes

EU Commissioner for Energy and Climate Action Miguel Arias Cañete wants to end a requirement for unanimous voting on energy issues in the European Council (Dursun Aydemir/Anadolu Agency/Getty Images) Getty Though power has steadily flowed from national capitals to Brussels over the past two decades in the European Union, there have been key areas which
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Who is ready for the good life of Financial Freedom? Getty When you read articles about financial freedom, you may hear people drone on and on about how they are spending practically nothing so they can retire at a younger age, like 30. Conversely, they may have already achieved financial freedom and are bragging about
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Hopefully your tax returns are not as complicated at Donald Trumps Tax Returns. Either way, how long do you need to keep all your tax records? 2017. / AFP PHOTO / SAUL LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images) Getty For how long you should keep tax records is something everyone should know. Another
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Here’s something you may not know about closed-end funds (CEFs): they can give you a much lower tax bill than if you buy and sell stocks yourself. And if you follow the first-level strategy most folks do and invest through an index fund like the SPDR S&P 500 ETF (SPY), you’re almost certainly paying more
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Share to facebook Share to twitter Share to linkedin Photocredit: © 2019 Bloomberg Finance LP © 2019 Bloomberg Finance LP The uptrend in the S&P is likely to persist through the week. Here are a long and a short recommendation. FedEx has been staging a recovery rally since its late November top. The weekly cycle
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Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses the difference between restricted applications and filing and suspending, the merits of a plan based on one spouse filing early, child-in-care spousal benefits, whether to file for spousal benefits
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Share to facebook Share to twitter Share to linkedin Getty It’s not just the Internal Revenue Service (IRS) issuing warnings about phone impersonation and related scams: the U.S. Tax Court has also issued a warning on its website in an effort to educate taxpayers so that they don’t become victims (downloads as a PDF).  Like the IRS,
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For some philanthropically-minded taxpayers, it still makes sense, and saves dollars, to itemize deductions. Getty We’re in the midst of tax season, but it’s a mistake to think of taxes as something you address only once a year. Ongoing tax planning can go a long way in reducing what’s owed next April.  It’s never too
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A “Small Business” can be identified as a being a privately-owned corporation, partnership, or sole proprietor that have fewer staff and less annual revenue than a regular-sized corporation. The European Union (EU) defines a small business as one with under 50 employees. Small business or as they are sometimes known, small and medium-sized enterprises (SME’s)
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