The New Rules on Taxes for Investment Income

The Internal Revenue Service (IRS) has released a new set of rules for the taxes on investment income. These rules are geared towards capital gains as well as dividends that were earned by high-earners, or those individuals who have income that’s “higher than the average”. The rules were passed to the Congress and were also included on the Healthcare Reform Law of 2010. Read on to know the changes on the rules on taxes for investment income. Surtax will Be Applied on Healthcare The 3.8% investment income tax that will be applied on investment income is meant to pay for...

Week Dos Recap – I am fluent in Spanish, not really…

Wow a whole 2 weeks into personal finance blogging and I have to say I love doing it.  It has been a great journey thus far.  I am building some great friendships with the personal finance blogging community.  I have found the Yakezie Network great and everyone is very willing to help out.  I learned that with blogging or your spouse you have to give love to receive love.  I am out there sharing the love as much as I can with my fellow bloggers.  Here is it close to midnight preparing the post after a long day of blogging and...