tax strategies for retirees Headlines

  • Paying Taxes Wisely: A Fresh Look at Tax-Efficient Withdrawal Strategies

    Sometimes it pays to go against conventional wisdom. Here are two ways to possibly reduce taxes in retirement while extending the life of your nest egg by being smart about which accounts you tap first.

    www.kiplinger.com
  • 10 Most Tax-Friendly States for Retirees, 2018

    These 10 states impose the lowest taxes on retirees, according to Kiplinger's 2018 analysis of state taxes. All of them exempt Social Security benefits from state taxes. Most exempt at least a portion of other retirement income, such as pensions and withdrawals from tax-deferred retirement plans. Most also have low property taxes. That's important because the Tax Cuts and Jobs Act limits the amount you can deduct in state and local taxes on your federal return to $10,000 a year. Take a look at...

    www.kiplinger.com
  • 5 Tax Strategies for Small-Business Owners

    Many small-business owners don't take full advantage of the opportunities available to them to reduce the amount they pay in taxes. Here are 5 often-overlooked tips to consider.

    www.kiplinger.com
  • Find out if you're eligible for this tax-savings strategy in 2018

    Here's a tax-planning tip: If you give generously to charity this year, you might be able to take a bigger break for your donation. How to tell if this makes sense for you.

    CNBC
  • The Latest: Macron promises tax relief for workers, retirees

    Union representatives say French President Emmanuel Macron gave no information about the measures he is going to announce in a televised address to the nation in the evening.

    www.abc6.com
  • 10 Least Tax-Friendly States for Retirees, 2018

    These 10 states impose the highest taxes on retirees, according to Kiplinger's 2018 analysis of state taxes. One treats Social Security benefits just like Uncle Sam does--taxing up to 85% of your benefits. Six others tax Social Security benefits if your earnings exceed specific income thresholds. Exemptions for other types of retirement income are limited or nonexistent. In several states, property taxes are on the high side, too. Making matters worse: The tax overhaul capped the federal tax...

    www.kiplinger.com