If you’re a high-income earner, munis are for you, says Jim Barnes, Director of Fixed Income at Bryn Mawr Trust. “The primary way to determine whether muni bonds are a good or bad investment for an investor boils down to the investor’s marginal tax rate. A high marginal tax r...
As a collection agency, they are always looking for opportunities to collect more money. If something looks unusual, potentially fraudulent or just a mistake, it will garner attention often leading to an audit. If income is particularly large or the return complex, an audit is more likely. Als...
If you’re a married high-earner, it may make sense for your lower-earning and more lightly-taxed spouse to own certain assets and book the returns. Make the best of your family’s variouspersonal allowances, but maybe take advice if you feel you’re contemplating anything unusual. Consider...
For this reason, we could not base our analysis on tax return data, since these do not include information about household characteristics (not even the number of children). While the HBS is a representative survey of households living in Hungary, the income distribution of individuals observed ...