Interest Earnings Last Year May Boost Your Tax Bill—Here's What You Can Do To Lower It
KEY TAKEAWAYS The Federal Reserve kept interest rates higher than usual in 2024, making savings accounts more profitable and, ...
Smart Moves To Make Now To Avoid A Larger 2025 Tax Bill While Earning Interest
KEY TAKEAWAYS Interest rates are expected to be held at higher-than-usual levels this year, making high-yield savings ...
Trump wants to close the carried interest tax loophole, a longtime target of Democrats
The Trump administration's list of tax priorities includes eliminating a loophole that benefits private equity firms, hedge ...
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 ...
JD Supra3d
2025 Carried Interest Tax Reform and Impact on Sponsors and Investors
President Donald Trump met with Republican lawmakers to discuss budget priorities, proposing to end carried interest. On the ...
Is Mortgage Interest Tax Deductible?
As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...
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Cash ISAs: why it could be your last chance to grab 5% tax-free savings
Savers using a cash ISA could face a double-whammy of interest rate cuts and tax reforms from April. Should you act now?
Carried Interest Tax Rate Comes Under Fire, Again, from Trump
It’s a new presidential administration—and a new attempt is underfoot to go after carried interest taxes, the preferential tax rate that benefits venture capital, private equity and hedge-fund ...
Savers could be facing an unexpected tax bill - what does it mean for you and what are interest earning limits?
Savers have been reminded that they could get an unexpected bill from HM Revenue and Customs (HMRC) due to interest earned - ...