How Are Stocks Taxed?

  Stocks are a fantastic way to make passive income but can play a massive part in your end-of-year tax bill. As you buy and sell investments, you may be wondering how are stocks taxed? Profits on stocks are assessed a capital gains tax. If you sell a stock after holding it for less than […]

8 Common Tax Credits

8 Common Tax Credits With tax season upon us, Americans are looking for ways to reduce their overall tax burden and save as much money as possible. While many people focus on claiming as many deductions as possible, tax credits can also go a long way in reducing your overall tax burden. 8 common tax […]

How to Maximize Tax Deductions Through Donations

Every year towards the end of the year you hear about wealthy individuals making extremely generous contributions to charitable foundations. While these donations certainly help the foundations receiving the money, they also benefit the individual donating the funds. You are able to claim charitable donations as a tax deduction when filing your taxes. However, it […]