Why Warren Buffett Just Donated $3.4 Billion

 Why Warren Buffett Just Donated $3.4 Billion

Warren Buffett is no stranger to wealth creation. He's also no stranger to wealth donation. Here's why Warren Buffett just donated $3.4 billion and how his philanthropy is shaping the world.

Beat The IRS With These Snubbed 6%+ Dividends

Beat The IRS With These Snubbed 6%+ Dividends

Having an income stream the IRS can’t touch may sound like pie in the sky, but it’s a reality if you hold municipal bonds. That’s because the tax code provides an exclusion for these bonds, allowing most US investors to collect interest payments from them tax-free. And in many states, income from those bonds is exempt from state taxes, as well.

Despite Reform, Alternative Minimum Tax Can Still Hit Some Taxpayers

Despite Reform, Alternative Minimum Tax Can Still Hit Some Taxpayers

If you weren’t subject to the AMT before the reforms, you most certainly don’t have to worry about it now, unless you’ve suddenly become much wealthier. But tax advisors say that households who were at risk of having to pay this extra-high income tax in the past are still wise to see if it will apply to them today — and to take evasive action if it might.

IRS offers summer tips for temporary jobs, marriage, deductions and credits

IRS offers summer tips for temporary jobs, marriage, deductions and credits

Before starting a summer job, taking a vacation or sending the kids off to camp, the Internal Revenue Service wants taxpayers to know that some summertime activities may qualify for tax credits or deductions. The IRS also recommends that taxpayers check the amount of their withholding taxes now to help avoid surprises next filing season.