The 8 Biggest Tax Increases in Biden’s 2024 Budget
biden
September 29th
By TaxWealth
The 8 Biggest Tax Increases in Biden’s 2024 Budget
President Biden’s budget proposal for fiscal year 2024 includes a wide array of policy changes, new programs, increased spending, and higher revenue.
How to pay 0% capital gains taxes with a six-figure income in 2023
biden
How to pay 0% capital gains taxes with a six-figure income in 2023

Planning to sell some investments this year? It’s less likely to affect your 2023 tax bill, experts say. Here’s why: The IRS made dozens of inflation adjustments for 2023, including the long-term capital gains brackets, applying to investments held for more than one year. This means you can have more taxable income before reaching the 15% or 20% brackets for investment earnings.

Continue Reading
Read more about How to pay 0% capital gains taxes with a six-figure income in 2023
The biggest tax problems facing real estate according to ChatGPT AI
biden
The biggest tax problems facing real estate according to ChatGPT AI

AI is making huge strides in understanding our world and the undisputed leader is ChatGPT by OpenAI.  So we asked it what it thought the biggest hurdles were for taxes in real estate.  It turned out it had a pretty good understanding of what it was looking at.  Here's its response.

Continue Reading
Read more about The biggest tax problems facing real estate according to ChatGPT AI