The federal estate tax threshold rose to $24.12 million in 2022 for married couples and $12.06 million for individuals, as part of the Tax Cuts and Jobs Act (TCJA). Like several TCJA provisions, the higher estate tax limit is due to sunset in 2025.
Some of the biggest challenges many face when it comes to education are financial.
A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.
Many of us grew up with the concept that making regular, periodic contributions to our retirement account was a sound investment strategy.
In 2020, the U.S. had a record 22 million millionaires, up from 20.2 million in the previous year.
The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance.
By May 20, 2022, over 145 million taxpayers had dutifully filed their federal income tax returns.
Who among us wants to pay the IRS more taxes than we have to?
Stocks tumbled on Friday, sending stocks to a weekly loss after an otherwise quiet August week of trading.
When you created your investment strategy, your asset allocation should have reflected your goals, time horizon, and tolerance for risk.