How Taxes And Inflation Do A Number On Your Retirement Earnings

How Taxes And Inflation Do A Number On Your Retirement Earnings

Taxes and inflation have this nasty way of diminishing your money in retirement. Investors who have amassed a $1 million portfolio find that this money has a way of shrinking before they have spent a cent of it. 

IRS extends upcoming deadlines, provides tax relief for victims of Hurricane Florence

IRS extends upcoming deadlines, provides tax relief for victims of Hurricane Florence

Hurricane Florence victims in parts of North Carolina and elsewhere have until Jan. 31, 2019, to file certain individual and business tax returns and make certain tax payments, the Internal Revenue Service announced today.

IRS issues proposed regulations on global intangible low-taxed income for U.S. shareholders

IRS issues proposed regulations on global intangible low-taxed income for U.S. shareholders

Under the TCJA, a U.S. person that owns at least 10 percent of the value or voting rights in one or more CFCs will be required to include its global intangible low-taxed income as currently taxable income, regardless of whether any amount is distributed to the shareholder. A U.S. person includes U.S. individuals, domestic corporations, partnerships, trusts and estates.