Watch for these pitfalls before donating crypto to charity
Hispanolistic | E+ | Getty Images If you’re planning a gift to charity this holiday season, you could score a tax break by donating cryptocurrency. But there are some key …
National taxes
House Ways and Means Chair
There’s ongoing debate in the nation’s capital about whether President-elect Donald Trump’s legislative priorities, and tax cuts in particular, should be split up into multiple bills next year, but Republican …
Here’s how retirees can get the biggest tax break for charitable gifts
Xavierarnau | E+ | Getty Images If you’re retired and planning a year-end donation to charity, there’s a key move to maximize your tax break, financial experts say. Qualified …
H&R Block, Intuit stocks fall following Trump tax-filing app report
Michael Nagle | Bloomberg | Getty Images The stock prices for H&R Block and Intuit fell after a report Tuesday said Trump’s government efficiency team is considering creating a free …
Can President Trump really ‘end all taxes’ on overtime pay?
Republican presidential nominee and former U.S. President Donald Trump speaks during a campaign event at the Cobb Energy Performing Arts Centre in Atlanta, Georgia, U.S. October 15, 2024. Dustin Chambers …
Trump made tax cut promises. They won’t be easy for Congress to keep
In a recent appearance on CNBC, former Donald Trump Treasury Secretary Steve Mnuchin spoke as if the President-elect’s tax cut promises were a sure thing, legislatively speaking. “The top priority …
2025 capital gains tax brackets
Xavier Lorenzo | Moment | Getty Images The IRS has unveiled higher capital gains tax brackets for 2025. In its announcement Tuesday, the agency boosted the taxable income limits for …
Elon Musk could become world’s first trillionaire
Elon Musk is on track to become the world’s first trillionaire by 2027, according to a recent report from Informa Connect Academy. Of the world’s billionaires, Musk is the closest …
Trump’s tax cuts could expire after 2025. How advisors are preparing
Republican presidential nominee former President Donald Trump attends a rally at the site of the July assassination attempt against him, in Butler, Pennsylvania, Oct. 5, 2024. Brian Snyder | Reuters …
What to do with required withdrawals when you don’t need the money
Skynesher | E+ | Getty Images For some retirees, the deadline to take required withdrawals from retirement accounts is approaching — and those who don’t need the money have options, …