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5 Ways to Lower Your New York State Tax Bill

The Motley Fool

Image source: Getty Images Ah, New York, the Empire State: home to the Big Apple, cascading waterfalls, and, not so proudly, some of the highest taxes in the nation. Whether you're a city slicker dodging taxis or a country dweller enjoying the serene landscapes, one thing unites all New Yorkers: the quest to lower that pesky tax bill.

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5 Retirement Hacks Everyone Should Leverage in 2024

The Motley Fool

With a Roth IRA, you contribute taxed income (take-home pay) but can withdraw it, and your investment gains tax-free when you retire. Most of your Roth IRA's value might be investment gains by the time you retire, and you'll pay no taxes on it. It's one of the few ways to (legally) get out of paying taxes.

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This 7.6%-Yielding Dividend Stock Continues to Demonstrate Why It's a Premier Passive Income Investment

The Motley Fool

That kept its leverage ratio at 3.0, It aims for leverage of 3.0, Enterprise Products' combination of stable cash flows, strong distribution coverage, and low leverage put its high-yielding distribution on a very firm foundation. The company invested $875 million into growth capital projects during the first quarter.

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Tax-Efficient Investing

Integrity Financial Planning

A major part of the picture is understanding tax-efficient investing. From 1031 exchanges to municipal bonds, you want to make sure to leverage your best options. Here’s what we cover on today’s show: What are tax-efficient investments? (0:13) 0:13) A 1031 exchange could be a good option. (2:52)

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3 Accounts You Should Set Up For Your Kids at Birth

The Motley Fool

The beauty of a Roth IRA lies in its tax structure. Contributions are made with after-tax dollars, but the account's growth and withdrawals are tax free under current laws. It's an incredible way to leverage compound interest from a young age. Plus, withdrawals used for qualified education expenses are not taxed.

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2 Ultra-High-Yield Stocks to Buy Hand Over Fist in May

The Motley Fool

Ares Capital is also a registered investment corporation (RIC), meaning it must distribute 90% of its income to investors in order to be exempt from federal taxes. BDCs tend to use leverage to help boost their payouts. While this leverage can help juice returns, it could also exacerbate losses during an economic downturn.

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This 7.9%-Yielding Dividend Stock Continues to Pump More Income Into its Investors' Pockets

The Motley Fool

That makes it an excellent option for those seeking a steadily rising passive income stream and who understand the potential tax implications of investing in an MLP. It was able to steadily chip away at its leverage ratio , driving it down to its 4.0 It expects leverage to be toward the low end of its target range this year.

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