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Tax planning

Harris’ rise in polls sparks wave of wealth transfers to kids

by Merchant Moller
Harris’ rise in polls sparks wave of wealth transfers to kids

Dimensions | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign …

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What Harris’ plan to tax unrealized gains means for the wealthy

by Merchant Moller
What Harris’ plan to tax unrealized gains means for the wealthy

Democratic presidential candidate US Vice President Kamala Harris speaks at a campaign rally at Enmarket Arena during a two-day campaign bus tour in Savannah, Georgia, on August 29, 2024. Saul …

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Retirees can face a ‘phantom tax’ on Marketplace health insurance

by Merchant Moller
Retirees can face a ‘phantom tax’ on Marketplace health insurance

Hero Images | Getty Images Since most Americans aren’t eligible for Medicare before age 65, many younger retirees rely on Marketplace health insurance, which offers lower monthly premiums through the …

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How to harvest 0% capital gains amid the latest stock market rally

by Merchant Moller
How to harvest 0% capital gains amid the latest stock market rally

During a strong year for the stock market, a lesser-known strategy could help rebalance your portfolio and save on future taxes. The tactic, known as tax-gain harvesting, involves strategically selling …

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Harris calls for child tax credit of up to $6,000 for newborn children

by Merchant Moller
Harris calls for child tax credit of up to ,000 for newborn children

U.S. Vice President Kamala Harris speaks at an event with U.S. President Joe Biden (not pictured) in Prince George’s County, Maryland, U.S., August 15, 2024.  Elizabeth Frantz | Reuters Vice …

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Trump and Harris have both called for no taxes on tips

by Merchant Moller
Trump and Harris have both called for no taxes on tips

U.S. Vice President Kamala Harris and Republican presidential nominee and former U.S. President Donald Trump. Brendan Mcdermid | Elizabeth Frantz | Reuters Former President Donald Trump and Vice President Kamala Harris …

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How Harris’ running mate Tim Walz could help shape child tax credit

by Merchant Moller
How Harris’ running mate Tim Walz could help shape child tax credit

Minnesota Governor Tim Walz in the Governors Reception room in the State Capitol Wednesday, November 30, 2022 St. Paul, Minn. Star Tribune Via Getty Images | Star Tribune | Getty …

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Kamala Harris’ tax records reveal ‘fairly basic’ approach, experts say

by Merchant Moller
Kamala Harris’ tax records reveal ‘fairly basic’ approach, experts say

U.S. Vice President Kamala Harris and second gentleman Douglas Emhoff descend from Air Force Two in Wilmington, DE, U.S., July 22, 2024.  Erin Schaff | Via Reuters Vice President Kamala …

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Working remotely from a cruise? Here’s why the IRS still expects taxes

by Dennis chmitz
Working remotely from a cruise? Here’s why the IRS still expects taxes

Jenny Hunnicutt poses in front of the Royal Caribbean Ultimate World Cruise, which she’s been on for nearly nine months traveling the world. While on board, she’s working remotely for …

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Here’s how the election could impact the muni bond market

by Merchant Moller
Here’s how the election could impact the muni bond market

The first presidential debate between U.S. President Joe Biden and former U.S. President and Republican presidential candidate Donald Trump is projected on a screen projector during a watch party hosted …

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