A tax-efficient way to donate to charity

Owners of individual retirement accounts who are at least age 70 1/2 can contribute some or all of their IRAs directly to charity. The motivation to do so is that it can be advantageous from a tax perspective in some cases. If you have a traditional IRA, you must...

How to receive tax-free income

Under current tax law, dividend and capital gain income for couples with income of $100,000 or less can be tax-free. The income must come from qualified dividends and long-term capital gain. Qualified Dividends: Although dividends can be received from both US and...