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Taxes

Trump and Republican Congress unlikely to raise capital gains taxes

November 7, 2024
Higher capital gains taxes unlikely under Trump, Republican Congress

At Extreme Investor Network, we strive to provide the latest and most valuable financial advice to help you make informed investment decisions. With the recent election of President Donald Trump, there has been much speculation … Read more

Categories Financial Advisor Tags Capital, Congress, gains, raise, Republican, Taxes, Trump

How a Trump presidency might impact your taxes

November 6, 2024
Here's how a Trump presidency could affect your taxes

Welcome to Extreme Investor Network, where we provide expert insights on personal finance and investing to help you maximize your financial success. Today, we’re diving into the potential impact of the recent presidential election on … Read more

Categories Personal Finance Tags Impact, presidency, Taxes, Trump

What experts say about Trump’s promise of no taxes on Social Security benefits

November 6, 2024
Trump promised no taxes on Social Security benefits. here what experts say

Unveiling President Trump’s Promise: No Taxes on Social Security Benefits As President Trump embarks on his second term, many Americans are curious about whether his promise to eliminate taxes on Social Security benefits will come … Read more

Categories Personal Finance Tags benefits, Experts, Promise, Security, Social, Taxes, Trumps

Can I Use the Funds from My Roth Conversion to Cover the Taxes on $250k?

November 3, 2024
I'm Going to Do a Roth Conversion on $250k. Can I Use the Converted Funds to Cover the Taxes?

Wondering about doing a Roth conversion from your traditional IRA with $250,000? You may have questions about paying the income tax on this amount. Can the tax be paid from the funds in the IRA … Read more

Categories Finance Tags 250k, conversion, cover, funds, Roth, Taxes

Reforming Taxes to Strengthen Social Security

November 3, 2024
Dow SS Reform 1996

Are you curious about the potential for reform in Social Security and how it could impact the economy? At Extreme Investor Network, we delve into the intricacies of economic policy and their effects on the … Read more

Categories Economy Tags Reforming, Security, Social, Strengthen, Taxes

Options for Handling Unpaid Taxes on Oct. 15 Extension Deadline

October 15, 2024
What to do if you can't pay taxes on Oct. 15 tax extension deadline

Being an investor means not only keeping an eye on your investments but also managing your personal finances effectively. One critical aspect of personal finance is managing your taxes, especially when you find yourself unable … Read more

Categories Personal Finance Tags Deadline, extension, handling, Oct, options, Taxes, unpaid

Offset investors’ capital gains taxes by selling losers before year-end.

October 8, 2024
Selling these losers can offset investors' capital gains taxes into year-end

At Extreme Investor Network, we are always looking for innovative ways to help investors maximize their returns and minimize their tax liabilities. One proven strategy that can help achieve both goals is tax-loss harvesting. Tax-loss … Read more

Categories Investing Tags Capital, gains, investors, Losers, Offset, Selling, Taxes, yearend

What to do if you can’t pay taxes by the Oct. 15 deadline

September 24, 2024
Buy now, pay later loans are second only to credit cards in popularity

Are you stressing about unpaid taxes and looming deadlines? You’re not alone. The tax extension deadline has passed, but don’t worry – there are still options available if you can’t pay your balance. At Extreme … Read more

Categories Personal Finance Tags Deadline, Oct, pay, Taxes

Reduce Taxes on an Inherited IRA: Here’s How

September 17, 2024
Here's how to reduce a 'tax bomb' on an inherited IRA

Inheriting a pre-tax individual retirement account (IRA) can come with unexpected tax implications if not properly planned for. Since the enactment of the Secure Act in 2019, heirs of IRAs face the “10-year rule,” which … Read more

Categories Personal Finance Tags Heres, Inherited, IRA, Reduce, Taxes

How to Determine If You’ve Withheld Sufficient Taxes for 2024

September 16, 2024
Here's how to know if you've withheld enough taxes for 2024

Welcome to Extreme Investor Network, where we provide you with expert advice on personal finance to help you make informed decisions about your money. Today, we are discussing how to estimate tax withholding and ensure … Read more

Categories Personal Finance Tags determine, sufficient, Taxes, Withheld, Youve
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