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Taxes
What Is a Gift Loan and How Does It Work?
A gift loan is essentially a loan with an interest rate well below the market…
States With Tax Breaks for Renters: Do You Qualify?
“Tax breaks for renters are different from homeowners,” said Aaron Cirksena, CEO and Founder of…
FTC Ban On Noncompetes: 7 Things Employees And Executives Must Know
The Federal Trade Commission (FTC) has issued a final rule banning noncompete arrangements for employees,…
Treasury Issues New Proposed Regulations On Foreign Trusts And Gifts
Corrected, May 13, 2024: This article has been updated to clarify that Section 643(i) does…
Can Short-Term Capital Losses Offset Long-Term Capital Gains?
2024 Long-Term Capital Gains Tax Rates RateSingleMarried Filing JointlyMarried Filing SeparatelyHead of Household0%$0 – $47,025$0 …
IRS Issues FAQs On Retirement Plan Distributions And Loans Following Major Disasters
The IRS has answered some frequently asked questions (FAQs) relating to rules for distributions from…
6 Easy Steps To Become A SEP-IRA Millionaire
Anyone, and I mean anyone, can become an IRA millionaire if given enough time. According…
Are Health Insurance Premiums Tax Deductible When You Retire?
Health insurance premiums can be tax deductible when you retire, but it depends on several…
Some Red States Are Helping Citizens Save Money Despite Biden’s Agenda
President Joe Biden and his minions never miss an opportunity to boast about all the…
Roger Ver, Known As “Bitcoin Jesus,” Arrested And Charged With Tax Fraud
An indictment naming Roger Ver—known as "Bitcoin Bitcoin Jesus" for his early adoption of bitcoin—has…
Consider Your Commute To Work During A Job Search
Recent attention to “super commuters”—those rare people who live in one city and work in…
IRS Notifying Taxpayers Whose Data Was Accessed In Leak That Hit Billionaires And Trump
The IRS is now notifying more taxpayers who were impacted by the Littlejohn data breach.…
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