Entries by Aaron Skloff, AIF, CFA, MBA
Tax Advice: Most Overlooked Deductions – TheStreet – 02/26/21
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 – TheStreet – 02/25/21
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? – CNBC
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 […]
Top State Marginal Income Tax Rates 2021
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 […]
What Are the IRA Contribution and Income Limits for 2020 and 2021?
Money Matters – Skloff Financial Group Question of the Month – February 1, 2021 By Aaron Skloff, AIF, CFA, MBA Q: Even though it is 2021, can we still contribute to Individual Retirement Accounts for 2020? What are the contribution limits, income limits and contribution deadlines for 2020 and 2021? A: The Problem — Foregoing […]
