News & Insights

What new investors need to know about taxes on investments

A recent online survey by Deutsche Bank found that half of the participants aged between 25 and 34 years plan on spending 50% of their stimulus checks on stocks. This in addition to the GameStop short squeeze means a lot of new investors are getting involved in the market. Ultimately, this is great for the […]

What is the current estate tax exemption rate?

Some states charge a tax on  an estate and others do not. While Florida is a state that does not charge taxes on an estate, you may still owe taxes to the federal government. However, depending on how much your estate is worth, you might not have to pay any estate taxes to the federal […]

How do taxes work for those working from home?

The COVID-19 pandemic introduced a number of changes to our day-to-day lives. One of the most significant impacts it has had on many is how we perform our job duties. For some, this means coming into work using personal protective gear. For many others, this means working from home.  However, even before the COVID-19 pandemic, […]

How do taxes on investments work?

Many Americans invest to save for future goals and generate wealth. However, it is important to understand how much you may owe in taxes on your investments, so you can factor this into how you track your growth. There are different types of investments that people can use to save and grow their wealth. What […]

How can I become eligible for investment tax credits?

Whenever tax season rolls around, a lot of people plan on how they can get the most advantages of their circumstances to reduce their tax liability. Tax strategies look different for everyone depending on individual circumstances, such as education, investments, retirement plans, charitable contributions and more. One way people can reduce their tax liability is […]

Five tax planning strategies you should consider

It is always good to review your tax planning strategies toward the end of every year, but because of some changes introduced by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, you need to give extra attention to how you plan for getting the most out of filing for 2020 taxes. Whether approaching the […]