Smart Moves To Make Now To Avoid A Larger 2025 Tax Bill While Earning Interest
The Federal Reserve isn't in a rush to cut interest rates, which means you could be on the hook for more taxes next year on the interest you earn now. These moves can help you soften that blow.
Interest Earnings Last Year May Boost Your Tax Bill—Here's What You Can Do To Lower It
High-yield savings accounts and CDs were much more profitable in 2024 than in prior years, potentially leaving some taxpayers with a larger tax bill. Experts say there are some ways to defer or offset ...
The National Law Review2d
Let It Be…Taxed? The Carried Interest Debate Continues
Congressional Republican leaders met with President Donald Trump to address the Trump Administration’s 2025 budget and tax ...
Republicans weigh ending Wall Street’s favorite tax break
Republicans are considering doing away with one of Wall Street’s favorite tax breaks at the encouragement of President Trump, ...
Increased interest income: A blessing and a curse
Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...
Bank of America forecasts record net interest income in 2025
Bank of America's retail banking head, Holly O'Neil, has projected a record net interest income (NII) for the year 2025. The bank anticipates a growth rate of 6% to 7%, with the consumer sector ...
Cantech Letter3d
Is pre-tax income the same as revenue?
Pre-tax income and revenue are two distinct financial metrics, each serving a different purpose in evaluating a company’s ...