The goal of tax planning is to arrange your financial affairs so that you pay as few taxes as possible, and so the taxes you do pay are as low as possible. Here are four basic ways to reduce your ...

Many Americans struggle with federal income tax in particular, she said. This is reflected in the National Tax Literacy Poll, ...

Every time a new tax law is enacted, we naturally wonder what it means for our own tax bill. The news covers the long debates and close votes in Congress, followed by the president signing the bill ...

SAN FRANCISCO (KGO) -- All this week, 7 On your Side will be tackling some of the questions and issues you might face preparing your taxes. We kick off Tax Chat week by revealing the answers to 10 ...

Most listeners are probably aware that 501(c)(3) organizations are generally exempt from income tax, but this does not mean that all income generated by the organization is free of income tax. For ...

Keep investments for more than a year to benefit from lower long-term capital gains tax rates. Use 401(k)s and IRAs for investing to defer taxes on gains and dividends until retirement. Interest ...

Taxes are never a fun thing to consider. For someone who has a couple of W-2 forms and maybe a child tax deduction or two, they’re an inconvenience. For someone who has investment income, tax planning ...

When buying or selling a business, one thing is certain: there will be tax consequences. Your deal’s tax structure can have long-lasting impacts, so it’s crucial to assess all options. Review the ...