Category: Tax

Understanding How Dividends Are Taxed: A Guide to Qualified and Nonqualified Dividend Rates

Dividends are payments made to shareholders from a company’s profits, providing a way for investors to earn income from their

The annual gift tax exemption is an essential tool in estate planning, allowing individuals to gift a certain amount each

You can put money into both a Roth Individual Retirement Account (IRA) and a Simplified Employee Pension (SEP) IRA in

A single-member LLC for individual investment accounts can be a smart choice because it provides limited liability protection. This means

The IRS recently announced its inflation-adjusted tax brackets for 2025. This year, the adjustments are modest, reflecting a slowdown in

Setting up a solo 401(k) is a wise financial move for many self-employed individuals and small business owners. It offers

For retirees living in Georgia, understanding the state’s tax rules on Social Security and other retirement income can lead to

When inheriting property, one significant financial advantage that can impact your tax obligations is the “step-up in basis.” This tax

When a single-member LLC elects to be taxed as an S Corporation by submitting IRS Form 2553, it’s common for