Portfolio

Some tax credits are refundable, meaning they can get a refund in case the credits exceed their actual tax liability.

The SPDR fund saw a one-day exodus of $372 million as the sector struggles amid bets that the Fed will cut rates to mitigate damages from the coronavirus.

Aside from income taxes, retirees will also pay consumer taxes and may face a 3.8% Medicare surtax.

The software giant’s offer comes as many fintech companies are becoming established enough to go public.

Two years after the tax law eliminated write-offs for investment costs and advice, lawyers say they have found a loophole hidden in years-old IRS case law.

The agency will send several dozens agents to make at least 800 face-to-face visits in February and March of this year.

For many, the document is a significant source of confusion. Fortunately, one of the most persistent errors is easily correctable.

Investment in socially beneficial activities can be worthwhile. But it ignores the question of who decides what is beneficial.

The expansion is likely to come at the end of 2020 or early next year, and will focus initially on higher-net-worth customers.

“The advice I give is to calculate the financial impact for each option,” an expert says.