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This Important Tax Deadline Arrives in October. Don't Be Late

The Motley Fool

Image source: The Motley Fool/Upsplash It's not exactly a secret that tax returns are due every year on April 15. The good news is that the IRS allows filers who can't submit their taxes on time in April to request an extension. Extensions are granted automatically as long as they're requested by the April tax-filing deadline.

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41 States That Don't Tax Social Security Benefits

The Motley Fool

Like wages throughout your career, Social Security benefits could be taxed depending on your total income and what state you live in. It's a good idea to understand your tax burden to better budget for your expenses whether you use Social Security as primary or supplemental income. However, this tax will be eliminated next year.

Taxes 245
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These Were the 5 Biggest Tax Scams That Snagged Small Business Owners

The Motley Fool

Image source: The Motley Fool/Upsplash It's never too early for small business owners to start thinking about taxes. Small business tax season goes all year round -- with quarterly estimated tax payments, payroll taxes, and other tax obligations specific to your state or industry.

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Here Are the Workers Who Are Exempt From Paying Social Security Payroll Taxes

The Motley Fool

It's a byproduct of millions of people paying Social Security payroll taxes throughout their careers. Not everyone has to pay these taxes, however; some workers are exempt. How Social Security taxes work Social Security payroll taxes are collected under the Federal Insurance Contributions Act ( FICA ).

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Fashion brand True Religion acquired by Acon Investments

Private Equity Insights

For instance, in 2023 the brand achieved a 20% increase in sales, reaching $280m. Equally, earnings before interest, taxes, depreciation, and amortisation (EBITDA) reached $80m. It has staged a revival by capitalising on its strong ties to hip-hop culture.

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3 Top Buffett Stocks to Buy and Hold for the Long Haul

The Motley Fool

Berkshire started to invest in Chubb in the third quarter of 2023, and that $7.95 Chubb's core operating income per share (excluding any tax benefits) grew 30% in 2023 and 13% in 2024. in 2023 and 8.7% billion stake now accounts for 2.9% of its portfolio. That's why its consolidated net premiums rose 13.5%

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Billionaires Are Buying Up This Millionaire-Maker Stock

The Motley Fool

It expanded its food delivery business by acquiring Postmates in 2020, and it turned profitable in 2023 by exiting its weaker overseas markets and divesting its non-core divisions. But over the following three years, its total trips, and gross bookings, surged again.