Tax Breaks on Dividends Ends in 2012
Bob Richards Bob Richards–Marketing and Financial ServicesThis post explains two tax breaks on stock and mutual fund “qualifying dividends” (explained below) scheduled to end December 31, 2012 Income from savings and investments help retirees meet their retirement income needs. Traditionally, the well-to-do have chosen municipal bonds for their tax-free income. But due to their tax-free status, municipal bonds typically pay [...]
Categories: tax breaks Tags: 2012 tax breaks, capital gains, income tax rates, qualifying dividends
Tax Planning With Your Investments
Bob Richards Bob Richards–Marketing and Financial ServicesBeyond fees and transaction costs, most all investments are subject to taxation – and this represents more expenses for you that can reduce your net return. Let’s see what’s taxed and when. By understanding how different investments are taxed, you are able to do tax planning and thereby maintain money that others pay to [...]
Categories: tax planning Tags: capital gains, income tax rates, mutual funds, ordinary income
