What You Need to Know About the Tax Code Before a Business Investment

By ||Categories: Tax Plans, Tips|

Many people spend so much time building their investment portfolios that they consider it a part of their business strategy. However, not all people making regular business investments actually qualify to be taxed as traders (the official IRS name for professional investors). To qualify as a trader, and get the excellent tax benefits that come along [...]

Here’s How You Can Have a Tax-Free Retirement According to the IRS

By ||Categories: Taxes, Tips|

When thinking of retirement, many people don’t consider that the money in their 401(k) or IRA will be taxed. They also don’t consider the tax rate for these plans in the future. Many analysts believe that tax rates are very likely to go up over time. This likely increase is due to the currently rising national [...]

Have Trump’s Tax Cuts Helped the Economy?

By ||Categories: Tax Plans, Tax Relief|

President Trump has stated many times that improving the American economy is one of his major missions as President. He’s also stated that the tax cuts in the recently passed Tax Cuts and Jobs Act will further this mission, calling it “rocket fuel” that will supercharge the economy. Although the Tax Cuts and Jobs Act has [...]