First discussed ahead of Budget 2025, the joint taxation proposal suggests allowing spouses to file a combined return with a ...
BNY Mellon Municipal Bond Infrastructure Fund offers a 4.7% yield and trades at a 10% discount to NAV but faces headwinds. DMB's long-dated, infrastructure-focused municipal bonds make it sensitive to ...
Close to 74 million Americans receive Social Security benefits. Nearly two-thirds (63%) say their checks account for at least half of their personal income, according to the Pew Research Center, and ...
Two lawmakers want to fully exempt military compensation from federal income tax — a move that would deliver a significant pay boost for service members and mark one of the most sweeping tax changes ...
I often hear people complain that the Housing Authority doesn’t pay property taxes and is somehow harming the community by taking land “off the tax rolls.” While it’s true that the properties we own ...
Tax and estate consultant Gary Phillips, based in New York, says as tax season approaches, the mood is upbeat among his clients. The reason? The extension of a series of tax breaks approved by the ...
It sounds impossible. But it’s not. Where school tax bills were usually hundreds of thousands of dollars, they can now drop, sometimes to zero, if voters approve constitutional amendments in the Nov.
Leading the pack is the Franklin Municipal Income ETF (NYSE:FTMU), which is built to provide regular and sustainable, federally tax-exempt income, along with preserving capital. The fund has an ...
The investment seeks as high a level of current interest income exempt from federal income tax as is available from municipal obligations and as is consistent with prudent investment management and ...
AUSTIN (Nexstar) — On top of each ballot this election are 17 constitutional amendments voters will need to decide on. A majority of those propositions are related to the state’s tax code. Two of the ...