Various strategies, including bonds, life insurance, and annuities, can generate investment income during retirement.

The Alternative Minimum Tax (AMT) is a parallel income tax system designed to ensure that high-income individuals pay a ...

It is conceivable that Trump could sway congressional Republicans to include a carried interest reform in the sweeping tax ...

Nuveen Select Maturity Municipal Fund invests in tax-exempt securities for capital preservation. See why NIM CEF stands out ...

By Brad Rhodes Tax deferral is a strategy in which you delay paying taxes on income until a later date. This can be achieved through investment in certain tax-deferred accounts. Your investment ...

Living on portfolio income is living the dream. Although many retirees are woefully short on savings, some manage to kick off ...

The government plans to raise the reporting threshold for trading income – here is how it could help your side hustle ...

The net investment income tax (NIIT) has been around for more than a decade, but it’s not as well known as other federal levies on investment earnings. This leaves some taxpayers unaware of its ...

These 10 taxable items can impact your finances by lifting your tax bill. They include investments, Social Security benefits, and retirement plan distributions.

There has been an overall increase in corporate tax collections after reduction of the corporate tax rates with effect from AY 2020-21 (except in FY 2020-21 being covid affected year). The year-wise ...

If you’ve owned an asset for a year or longer before selling it, you’ll be taxed at a long-term capital gains rate, which is ...

To catch these sellers, HMRC signed up to the Organisation for Economic Co-operation and Development (OECD) rules, which will ...