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Filing Details
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It's crucial to consider the tax implications when selling art. The taxation of income from tangible assets differs from that of other types of investments.
Sale at auction could result in half of the hammer price going to taxes and fees.
The Biden administration takes a second bite at the retirement apple with the SECURE Act 2.0
Since 2006, individuals age 70 ½ and older have been able to make direct charitable gifts from their IRA’s. The Qualified Charitable Distribution (“QCD”) provision was part of the Pension Protection Act of 2006, and has remained a smart charitable...