Are There Any Tax-Free Investments? A CFP Explains
Unlike Roth IRAs, there are no income limits on Roth 401 (k)s. You can contribute to the account no matter how much you earn.
Here’s When You Can Expect Your IRS Tax Refund and How You Can Track It
There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the ...
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Here Are the Federal Income Tax Brackets for This Year
Tax brackets dictate how much you’ll pay on each part of your taxable income for the year. They’re not set in stone: Each ...
Six end-of-tax year strategies to avoid 'sneaky traps' and cut your bill
Frozen tax thresholds and diminishing allowances are pushing more people into higher tax brackets. For example, the higher-rate tax threshold has been frozen at £50,270 since April 2021, even as wages ...
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Last-minute tax strategies: maximise your retirement savings before year-end
It is advisable to involve a trusted financial adviser to help you in this regard. With the end of the tax year fast approaching, it is a good idea to speak to your human resources or financial ...
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What the Autumn Budget means for your tax year-end
The Autumn Budget was one of the biggest and most far reaching in recent years. Whether you’re a saver and investor, planning to leave a legacy – or both – financial advice can prove ...