Net Investment Income Tax: Impact on High-Net-Worth Portfolios
When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment ...
The $17,300 Tax Break You Can Still Claim Before April 15—Here's How
For 2024, taxpayers can contribute up to $7,000 to traditional IRAs, with those 50 and older eligible for an additional ...
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50% of Americans Wrongly Think Social Security Benefits Are Tax-Free – Here’s How It Actually Works
At the moment, half of America believes Social Security benefits are tax-free. That’s according to a July 2024 Nationwide ...
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Insurer Chubb puts a price tag on its share of L.A. wildfire woes
Insurer Chubb Ltd. has estimated its costs related to the Los Angeles wildfires to be around $1.5 billion before taxes, to be incurred in the company’s first quarter. Chubb CB Chief Executive ...