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Tag: Tax Strategies

How to prepare for the $84 trillion wealth transfer | Long Island Business News

November 13, 2025November 14, 2025 · Business

The great wealth transfer is upon us. DAVID MAMMINA: ‘It really depends on the person themselves on how they want to determine how their money goes when they…

Read more How to prepare for the $84 trillion wealth transfer | Long Island Business News
The Surprise Bill Coming to Those Who Underpay Their Taxes

The Surprise Bill Coming to Those Who Underpay Their Taxes

December 2, 2023December 2, 2023 · Business

Failing to keep up with tax payments now could lead to an expensive surprise come next spring.  As of Oct. 1, the Internal Revenue Service is charging 8%…

Read more The Surprise Bill Coming to Those Who Underpay Their Taxes
These Teens Opened Roth IRAs Before They Could Even Vote

These Teens Opened Roth IRAs Before They Could Even Vote

September 9, 2023September 9, 2023 · Business

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Read more These Teens Opened Roth IRAs Before They Could Even Vote
High-Earning Retirement Savers Are Losing Some of Their 401(k) Tax Break

High-Earning Retirement Savers Are Losing Some of Their 401(k) Tax Break

July 15, 2023July 15, 2023 · Business

Updated July 16, 2023 12:07 am ET Listen to article (2 minutes) Millions of high-earning Americans are slated to lose a popular tax deduction starting next year.  Copyright…

Read more High-Earning Retirement Savers Are Losing Some of Their 401(k) Tax Break
Worried the IRS is going to audit your tax return? If you earn less than 0,000, you can probably relax.

Worried the IRS is going to audit your tax return? If you earn less than $400,000, you can probably relax.

April 20, 2023April 21, 2023 · Breaking News

Some clarity is emerging regarding statements from Biden administration officials that no one making less than $400,000 will see higher audit rates by the Internal Revenue Service, which…

Read more Worried the IRS is going to audit your tax return? If you earn less than $400,000, you can probably relax.
Trump warns sharing his tax returns will ‘lead to horrible things for so many people’

Trump warns sharing his tax returns will ‘lead to horrible things for so many people’

December 30, 2022December 30, 2022 · Breaking News

“‘The Democrats should have never done it, the Supreme Court should have never approved it, and it’s going to lead to horrible things for so many people.’” That…

Read more Trump warns sharing his tax returns will ‘lead to horrible things for so many people’
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