Browsing Tag
Taxes
66 posts
‘Eye-Popping’ Percentage of Americans Paid No Federal Income Tax Last Year
Due to the COVID-19 pandemic and the U.S. government’s policy response to it, roughly six in 10 Americans…
Biden’s War on Wealth: 4 Proposals to Raise Tax Revenue
On Wednesday, President Joe Biden announced details of his latest domestic spending proposal called The American Families Plan,…
5 Best and Worst States For Retirement Saving
Is there an actual retirement “number,” and if so, what is it? The frustrating answer is it depends.…
Biden’s ‘Historic’ Spending Plans Could Spur Rush to Roths
There could be a “cause and effect” in play in the retirement market as President Joe Biden unveiled…
Bernie Goes After Billionaires Again with New Tax
If a new estate tax bill introduced last Thursday by Sen. Bernie Sanders (I-VT) were to become law,…
IRS Extends Tax Deadlines, Provides Relief for Texas Storm Victims
The Internal Revenue Service (IRS) announced on Monday that victims of this month’s winter storms in Texas will…
Senator Warren to Join Finance Committee, Will Introduce Wealth Tax
Senator Elizabeth Warren, D-Mass., will join the Senate Committee on Finance in the 117th Congress, she announced on…
How the Consolidated Appropriations Act Effects Retirement Plans
The Consolidated Appropriations Act, 2021 generally provides the annual funding for the federal government and also contains several…
Top 401(k) Political Story of 2020: Will Biden Swap Tax Breaks for Credits?
He’s slowing his roll on a number of issues now that the election is behind him, but what…
Warren Buffet Pushes for PPP2: ‘It’s Economic War’
Warren Buffett hearts small businesses. The Berkshire Hathaway chairman and “Oracle of Omaha” spoke with CNBC’s Becky Quick…