Joined by tax guru Alexis Gallati, we have another Friends of WCI episode, where we answer questions about the benefits of hiring your spouse and children, the tax implications of hiring a nanny, and tax considerations in a low-income earning year.
Raising children is ultra-expensive, but there are ways that your kids can save you money when you're paying your income taxes.
It can be pretty amazing how much income one can have in retirement while paying very little tax at all. Here are 16 examples.
Having to divert many of your financial resources to your special needs children can be impactful. Here are some tips to save money on taxes.
Here's what you need to know about the kiddie tax, how to figure out how much it'll cost, and whether it's required for you to pay.
Let's review tax reduction strategies that can help you minimize your tax burden and keep you in a lower tax bracket.
Understanding the various types of income is a key aspect of financial literacy. Here's what to know about taxable income, AGI, and MAGI.
Get a tax plan in place to better manage your wealth in 2025. Start by understanding the 2025 tax brackets and how they work.
If you're a self-employed worker setting up a solo 401(k), you might be leaving money on the table if you don't know about this tax credit.
Looking for ways to legally lower your taxes? Check out these 20 strategies that should effectively decrease your tax bill.
Want a massive tax break? Retire early. Retirement income receives much better tax treatment than earned income.
Some high earners end up in the 0% long term capital gains bracket. Don't scoff and assume this post does not and never will apply to you.
Here’s a closer look at tax-loss harvesting with Fidelity to help you capture tax benefits from the ups and downs of the stock market.
Answering listener questions about quarterly estimated payments and the safe harbor rule, tax-loss harvesting and not letting the tax tail wag the investment dog, and what to do when you do not couples match into residency.
Selling your small business can come with a nasty tax bill. But the Qualified Small Business Stock (QSBS) treatment is a nice tax break.