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Tag Archives: Income

Trump vs. Biden: Who Is Better for Income Taxes?

Photo by Aaron Freeman / Money Talks News “Bad officials are elected by good citizens who do not vote.”— George Jean Nathan Before you head to the polls this year, it’s a good idea to pick up something that seems to be in short supply this year: objective journalism. Take …

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26 States That Do Not Tax Social Security Income

Canon Boy / Shutterstock.com When trying to figure out where to retire, one consideration is how much of your income will be taxed. Depending on where you choose to live, you might get a state tax credit or deduction on some of your retirement income. Or, you might avoid state …

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The Redbubble Effect: How to Start Earning Passive Income Right Now

How we make money: The Simple Dollar is an independent, advertising-supported publisher and comparison service. The Simple Dollar is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. This compensation may impact how, where and in what order products …

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5 Ways Retirees Can Lower Their Income Taxes

Photo by pikselstock / Shutterstock.com Retirement is the time to enjoy the fruits of many years of laboring away at a job. However, if you aren’t careful, Uncle Sam can reach in and pluck away your hard-earned savings bit by bit, year after year. When the tax man cometh during …

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7 Creative Passive Income Ideas That Don’t Involve Investing

Photo by David Biagini / Shutterstock.com For most people, our primary — if not only — source of income is our jobs. But some clever folks figure out ways to keep making money without constant effort. Those people have passive income streams. What is passive income? It’s a flow of …

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How to Create and Build Passive Income

Passive income seems like a wonderful dream. A source of income that requires little or no time and effort to generate money? It’s something that pretty much all of us would find incredibly useful. Of course, passive income isn’t an easy thing to build — if it were easy, all …

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Retirees Can Dodge Taxes on These 9 Types of Income

Kzenon / Shutterstock.com Just because you’ve stopped working doesn’t mean you’re done paying taxes. Much of the income you receive in retirement, even if it’s not directly from employment, can still be taxable. But not all of it is subject to federal taxes — especially if you play your cards …

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