Yes, that’s correct, there are some forms of income you receive that may be tax-free. Here is a list of ten common sources of tax-free income.
Five Reasons to Incorporate Your Business
Most new businesses start with no thought about legal structure. In the eyes of the IRS, the default structure is a "sole proprietor," in which your business profits are taxed on your personal tax return. This can serve you well to start, but there are several reasons you may want to consider incorporating as your business grows.
Donate Stock to Lower Your Tax Burden
With U.S. equity valuations near historically high levels, now might be an opportune time to take advantage of the tax benefits of donating long-term appreciated stock to a qualified charity. Directly donating a winning stock you've held for at least one year provides greater tax benefits than writing a check to your favorite cause.
4 Tips to Landing Your Dream Home in a Seller's Market
It's a tough time to buy a house. With high prices and low supply, homebuyers have to tackle the buying process differently than they would in a flat or down market. Here are some suggestions to landing your dream home in our current real estate market.
Finances After The Death Of A Loved One
The last thing you want to be bothered with when you are grieving is sorting out the finances of your departed loved one. Here are some suggestions to make the process a little easier.