Higher Tax Rates for Trusts
The taxpayer relief act – I love that name since tax rates went up – raised the top tax rates that trusts pay on income. So,
The taxpayer relief act – I love that name since tax rates went up – raised the top tax rates that trusts pay on income. So,
When most people buy things, they see only the price tag; but that doesn’t reveal the REAL cost, especially when it comes to luxury items. The real cost of luxury can be more than they realize.
It’s an election year, and while the headline topics dwell on the border, January 6th, the age of the candidates, and all the rest, few are talking about the “3rd rail” of politics: social security.
You can expect a few politicians will come up with innovative approaches (they know will never reach the floor for a vote), but it does make for good campaign sound bites. It can be confusing.