(FMC), a highly respected investment management firm in New York City, has suggested in its 2012 year-end letter that some portion of the income received from the so-called tax-exempt municipal bonds will be subject to U.S. Federal income tax.Lenzner...
When you have reached retirement, one of the most popular ways to generate passive income is to invest your savings in tax-free municipal bonds.
(FMC), a highly respected investment management firm in New York City, has suggested in its 2012 year-end letter that some portion of the income received from the so-called tax-exempt municipal bonds will be subject to U.S. Federal income tax....
municipal bonds(munis),通常免税。两种:tax-backed debt, revenue bonds Corporate bonds secured bonds有优先claim权,针对特定的assets unsecured bonds叫debenture,有优先claim权的叫senior bonds,junior bonds或者subodinated bonds次级优先。都在优先股和普通股之前claim ...
A STRAIGHTFORWARD INCOME?INVEST IN HIGHWAYS.Discover why now may be a good time for municipal bondsIn today’s particularly unstable economy, aiming for secure sources of income is more relevant than ever. Tax-free municipal bonds (市政债券) (often issued to fund major infrastructure projects for...
Municipal bonds deliver tax-advantaged income to investors at regular intervals. At a minimum, muni bond income is exempt from federal tax. Depending on where you live and where the bonds are issued, that income also might be clear of state and even local taxes. ...
a.Interestonmunicipalbonds. b.Lifeinsuranceproceedspayabletoa corporationuponthedeathofan insuredemployee PermanentDifferenceversusTemporaryDifference(contd.) Examples(contd.) 2.ExpenserecognizedforF/Rbutnottaxdeductible: Lifeinsurancepremiumpaidforemployees. ...
Twitter Google Share on Facebook Financial Acronyms Wikipedia Taxable Income Under the federal tax law, gross income reduced by adjustments and allowable deductions. It is the income against which tax rates are applied to compute an individual or entity's tax liability. The essence of taxable incom...
Interest on bonds issued by state and local governments generally is not subject to federal taxation. Municipal private activity bonds are not subject to the regular federal income tax, but they are subject to the federal alternative minimum tax. Some states and local governments also exempt interes...
There are certain exceptions to this rule, including interest earned onmunicipal bonds, which is exempt fromfederal income tax.5 Dividends Dividends, which are income from investments, can be taxed at ordinary tax rates or preferredlong-term capital gains taxrates.6Investments typically yield dividend...