Why am I taxed if the rich are not?; ASK THE EXPERTS.Byline: ABIGAIL MONTROSE M. S. writes: I am 79 and receive a small company pension on top of...Why Am I Taxed If the Rich Are Not?; ASK THE EXPERTSMontrose, Abigail
As we know there are 5 types of Income,Income from Salary, Income from House Property(Any residential or commercial property that you own will be taxed),Income from Capital Gains (When yousellMutual Funds,Stocks, Bond, Gold, Land or Property,Income from Profits and Gains of Business or Prof...
Scenario 2 (too few withholdings):I tried severaltax softwareproviders and they all come back with a federal refund of only a $95. This is the lowest I have ever got and I made the most money ever this year. I am single, own no property or anything, made around 14,000 last year (...
I feel the need to share this article because people constantly ask me about investing in real estate in Portugal. HereI will highlight three reasons why now is not the right time to be investing in Portuguese real estate. I am simply laying out my investment thesis. This i...
What can I do now? Who can I call now who knows more about this than I do? What information do I need and where can I find it now? Considering my options, what action am I going to take now or at the first possible opportunity?
How your payouts are taxed depends on where you got the money to buy the annuity. If the cash came from an after-tax account, such as a savings or brokerage account, a portion of each payment will be considered a return of your investment and won’t be taxed. If you’re buying the...
I am in control of my own portfolio. I get to decide which stock to own and its weight in my portfolio. I also get to decide whether I would enroll in DRIP or not. Many Canadian dividend paying companies do provide discounts when you are enrolled in DRIP, so I would take advantage ...
I would say that people should always be prepared for the consequences of a recession, which generally involves a decline in the stock market and an uptick in unemployment. Regardless of what's going on in the economy, you should always have a plan B for what wi...
market that you don't need in the next year or two or three, you'll likely earn a higher return from bonds over cash. Plus, you can make more strategic tax decisions with bonds. Cash is always taxed as ordinary income at the state and federal level. I'm assuming it's not in some...
Emini futures are taxed at an attractive tax rate – a “blended” rate of 60% of your (lower) long-term capital gains rate + 40% of your (higher) ordinary income tax rate. For most traders, this equates to a rate of between 19% and 22%. The actual tax rate you pay will depen...