You can calculate the rate using only your federal tax liability, but experts say it’s wise to add in state and local taxes to get a full picture. “A lot of people are focused primarily on the federal effective rate because some states don’t have a personal income tax,” says Ryan...
These apps help you brainstorm, budget and plan your next renovation or room design. Josephine NesbitJan. 15, 2025 How AI Can Help the Real Estate Industry Artificial intelligence continues to be implemented in the real estate industry, and it can be a helpful tool, if ...
A bill has been introduced to eliminate taxes on Social Security benefits. Maryalene LaPonsieDec. 13, 2024 2025 Changes to IRA RMDs New withdrawal requirements for inherited IRAs create tax planning challenges for beneficiaries. Kate StalterDec. 12, 2024...
The Institute for Luxury Home Marketing, which specializes in training real estate professionals in high-end home sales, defines luxury agents as those performing in the top 10 percent of their given market. “It’s a way to flatten the country” and make markets more comparable to each other...
While it is true that there are millions to be made in real estate, it simply isn't true that it can be done overnight and without a lot of hard work (as my dad always said, "the harder you work the more you'll make!"). ...
Corporate Tax Deductions Corporations are permitted to reduce taxable income by certain necessary and ordinary business expenditures. All current expenses required for the operation of the business are fully tax-deductible. Investments and real estate purchased with the intent of generating income for the...
How cryptocurrency is classified for tax purposes The Internal Revenue Service (IRS) classifies cryptocurrency as property, treating it like otherinvestment assetssuch as real estate, stocks, and fine art. The core tenets of taxation that apply to property generally apply to digital assets, too. ...
Second, however, under agency theory, a negative relationship between tangible investment and firm growth stems from the risk inherent in firms with significant access to liquid tangible assets. Managers in such firms may take advantage of the debt by selling unsecured tangible assets at undervalued ...
This paper examines the effect of customer geographic proximity on supplier tax avoidance. Based on 5135 Chinese firm–year observations from 2009 to 2020, we find a positive association between customer geographic distance and supplier tax avoidance. Moreover, this association is robust after studying...
There are vegans who think it's ok to eat oysters and mussels. I want to go a step farther: vegans should be ok with dairy. Specifically, under pretty conservative assumptions you do much more good donating just $5/year to the Against Malaria Foundation than by avoiding dairy. How valua...