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5 Ways to Lower Your New York State Tax Bill

The Motley Fool

Image source: Getty Images Ah, New York, the Empire State: home to the Big Apple, cascading waterfalls, and, not so proudly, some of the highest taxes in the nation. Whether you're a city slicker dodging taxis or a country dweller enjoying the serene landscapes, one thing unites all New Yorkers: the quest to lower that pesky tax bill.

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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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3 Little-Known Perks of Owning a Hybrid Car

The Motley Fool

Some hybrids qualify for tax credits For hybrids and EVs, the tax credits can be confusing -- particularly since the rules are constantly evolving. Traditional hybrids don't qualify for the tax credits (worth up to $7,500), but some plug-in hybrids do. You don't need to wait until you file your tax return. Even better?

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Carvana Has Now Reported 2 Profitable Quarters. Time to Buy?

The Motley Fool

The company has now reported an earnings before interest, taxes, depreciation, and amortization ( EBITDA ) profit and positive net income for each of the first two quarters in 2024. Still, since EBITDA doesn't include interest, taxes, depreciation, or amortization, it's unclear if that will mean a positive net income.

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7 Ways Everyday People Become Millionaires

The Motley Fool

When they purchase a car, they keep it for the long haul It's no secret that vehicles depreciate in value the moment you drive them off the lot. They take advantage of tax deductions Millionaires have learned that minimizing their tax liability is an overall strategy for protecting their personal finances.

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Why Broadcom Stock Was Sliding Today

The Motley Fool

Further down the income statement, adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) increased by 26% to $7.16 In its semiconductor solutions segment, it reported 4% growth to $7.4 billion, while VMware drove a 153% jump in infrastructure software revenues to $4.6

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Could Buying Opendoor Stock Today Set You Up for Life?

The Motley Fool

That momentum continued in 2022, but the pressure of renovating and reselling those homes boosted its operating expenses, squeezed its adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) margins, and caused its net losses to widen. EBITDA = Earnings before interest, taxes, depreciation, and amortization.