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Darla Mercado, CNBC.com’s Posts
Entrepreneurs hoping to pocket some tax deductions for 2019 shouldn’t forget a new 20% break.
The Democratic-controlled House passed a bill on Thursday that would do away with the $10,000 limit on the itemized deduction for state and local taxes for two years.
Whether you’re resolving to cut your 2020 tax bill or save more for retirement in the new year, it’s time to start planning.
Financial advisors who hold their clients’ assets at TD Ameritrade are about to face a shake-up.
Charles Schwab is in talks to purchase TD Ameritrade for $25 billion, and a deal could be announced as early as Thursday, a source told CNBC.
The Policemen’s Annuity and Benefit Fund of Chicago severs ties with Fisher Investments, pulling $67 million.
Las Vegas and Denver offer homeowners the highest rate of return, according to Betterment. It’s cheaper to own in these locales than it is to rent.
Individual investors at Fisher Investments transferred $20 million from the firm the week after the billionaire made lewd comments at a conference, according to a research note from Mercer, an advisor to institutional investors.
Get out your pencils and calculators: The IRS has released a breakdown of what’s ahead for the 2020 tax year.
You can stash pre-tax or tax-deductible cash in your health savings account and have the money accumulate free of taxes. Withdrawals for qualified medical costs are tax-free.
The national average cost of a mid-range major kitchen renovation is $66,196, according to an analysis by Remodeling Magazine. Homeowners recoup an average of 62% of the cost at sale.
Goldman Sachs has joined the flight of institutional investors from Fisher Investments.
The giant investment bank is pulling $234 million from Camas, Washington-based Fisher, according to a source close to the matter.
The City of Boston is ending its relationship with Fisher Investments, pulling $248 million in pension assets from the firm.
Individuals with high-deductible health insurance can save money in a health savings account, contributing up to $3,550 for self-only coverage or $7,100 in family plans in 2020.
Large employers predict the total cost of covering health insurance for workers and their families will hit an average of $15,375 in 2020, an increase of 5%, according to a survey by the National Business Group on Health.
The average Medicare beneficiary spent an average $922 on out-of-pocket dental costs, according to the Kaiser Family Foundation.