taxes

This is the time of year when advisors and investors start talking about the tax implications facing portfolios, and that includes portfolios comprised of exchange-traded funds. Due to the fact that most ETFs are passively managed, capital gains distributions in this asset class are usually rare....

So, you've been saving for retirement throughout your employment years, taken advantage of matching programs, have a healthy and robust 401(k) or Roth IRA, and feel confident that you will be prepared when your traditional income ceases. You've considered the changing expenses you may...

America's corporate tax laws have been a point of contention between politicians for years. Notoriously one of the most complicated systems in the world, some argue that the American tax system penalizes firms for bringing profits back to the United States and discourages saving for the future....

Robert Green is a certified public accountant and the founder of Green NFH, LCC, a tax and accounting firm focused on traders, investors and investment management businesses. Green recently joined Benzinga’s #PreMarket Prep to talk about ways that traders can save thousands of dollars a...

On Tuesday the House Ways and Means Committee sent a package of bills to the House floor, that would cost American taxpayers hundreds of billions of dollars over the next ten years by making permanent tax provisions multinational corporations use to avoid U.S. tax. “For all of the talk in...

Congratulations, Michiganders! Thursday, April 17 is Tax Freedom Day. But what does that mean, exactly? Tax Freedom Day is the day when American as a whole has earned enough to pay its total tax bill for the year, according to Lyman Stone, an economist at the Tax Foundation's Center for...

Who takes the biggest cut of our tax money? The military, according to an infographic from the National Priorities Project. The average tax payer in the United States paid $11,715 in taxes in 2013, the research organization says. Each person gave about $3,174.25 for the military, which includes $...

On Tuesday, the House Ways and Means Committee holds a hearing to discuss making permanent several of multinationals’ favorite tax code provisions, including the Apple loophole. Thus the House, like the Senate, is in the early stages of enacting these expired provisions yet again. That’s how...

The government has to pay its bills. So every time someone else uses a loophole to pay less taxes, you pay more.  That doesn’t mean every tax break is bad. Some benefit many people, like child tax credits or the mortgage interest deductions. Whether or not those policies are ideal, they have a...

The IRS released its yearly list of the top tax scams for 2014. Most are well-known, but have seen an uptick in frequency this tax season. Keep your eyes open for any of these scams. Fake Charities 'Tis the season for giving. Taxpayers come into some extra money this time of year and many...

If you or someone you know has student loan debt, it is probably not an insignificant amount of money. According to CNN, the average student loan debt for the class of 2012 was $29,400. That much debt is not good for you – or for the economy. As a result, the U.S. Department of Education and...

2014 is here, and with it comes the annual tax filing scramble. The U.S. tax code is so big, archaic and hard to understand that literally hundreds of millions of dollars are spent every year by consumers -- who’d prefer to let a professional handle it for them. There are a number of...

The Tax Foundation rolled out a new map last week looking at state excise tax rates on beer. High tax rates are more likely to affect major brewers like Anheuser-Busch (NYSE: BUD) and Molson Coors (NYSE: TAP) than craft brewers, whose already higher prices have drawn in a faithful who are willing...