No one wants to pay more tax than they need to at any stage of life, but it’s particularly important to avoid paying too much tax on your pension when drawing down on your savings. The key to reducing how much tax you pay is by looking at the order in which you take your […]
WASHINGTON — Tens of thousands of wealthy Americans are not complying with recently revamped Internal Revenue Service efforts to get them to file tax returns, according to data obtained exclusively by CNBC. A quirk in federal tax law may be incentivizing wealthy people who want to avoid paying taxes to simply not file their returns. […]
In a recent appearance on CNBC, former Donald Trump Treasury Secretary Steve Mnuchin spoke as if the President-elect’s tax cut promises were a sure thing, legislatively speaking. “The top priority is extending the Trump tax cuts and the signature part of his program. I think that should be easy to pass in Congress, particularly if […]
