Long Term Care University – Question of the Month – 03/15/21 By Aaron Skloff, AIF, CFA, MBA Q: Some insurance companies offer Partnership Qualified long term care insurance policies. Can you explain what that means, what advantages it may provide and details on the Arizona Long-Term Care Insurance Partnership Program? The Problem – Limited Long […]
Tax Advice: State Income Tax Debate Explained Who do you pay when you live in one state and work in another? Turbo Tax explains. You may have to file more than one state tax return if you earned income in different states. Some states have different credits and deductions than the federal Form 1040 so […]
Tax Advice: Most Overlooked Deductions Not every last-minute deduction is obvious. TurboTax expert Lisa Greene-Lewis explains. Tallying up those last-minute deductions? Good. But know that not every deduction is obvious. There are a bunch of esoteric deductions that are perfectly legit – but often overlooked. Click Here for Your Long Term Care Insurance Quotes
Tax Advice: Last-Minute Deductions and Credits The 2020 tax season is here. TurboTax explains last-minute things you can do to get your tax bill down The IRS has started accepting tax returns for the 2020 tax season so if you haven’t started to think about your tax return, get on it. If you need some […]
Why Is Short Selling Legal? When a stock rises, all of its investors turn a profit, right? That’s not the case for short-sellers, who look for profit by betting against the success of a company or the market. The recent events surrounding Tesla, Reddit, Robinhood and Gamestop’s short squeeze have put short selling under the […]
Click to Enlarge Top State Marginal Income Tax Rates 2021 Note: (*) State has a flat income tax. (**) State only taxes interest and dividends income. Map shows top marginal rates: the maximum statutory rate in each state. This map does not show effective marginal tax rates, which would include the effects of phase-outs of […]
