The Motley Fool

OCTOBER 27, 2024

Unfortunately, like other forms of income, Social Security benefits are subject to tax rules. Most retirees can avoid Social Security state taxes The good news about Social Security taxes is that most states do not tax Social Security benefits. The IRS uses your "combined income" to calculate your tax bill.

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The Motley Fool

JANUARY 23, 2025

Marcos Gabriel -- Senior Vice President, Global Finance and Capital Markets Thank you, Brendan, and good morning, everyone. Our fourth quarter adjusted effective tax rate was 25.4%, compared to 22.3% This decrease was primarily due to the unfavorable tax rate, as well as the increase in SG&A that I mentioned earlier.

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Finance Financing Taxes Capital 223

Private Equity Insights

MARCH 19, 2025

The transaction includes debt financing from CIC Ouest and Caisse Rgionale Crdit Mutuel Loire-Atlantique Centre Ouest, alongside participation from Caisse Rgionale de Crdit Agricole Mutuel Atlantique Vende and Caisse d’Epargne et de Prvoyance Bretagne Pays de Loire.

Stakes 162

Stakes Due Diligence Bidding Consultants 162

The Motley Fool

MAY 4, 2024

There seems to be something about living together as a couple, combining two incomes and other resources, and enjoying some unique tax benefits , that can make marriage a good way to build wealth. This doesn't mean that everyone should marry for the benefit of their finances. But being married can provide some indirect tax advantages.

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Taxes Finance Financing Accounting 246

Private Equity Insights

APRIL 3, 2025

Siemens will finance the transaction partly through share sales of its listed units, including Siemens Healthineers. The deal underscores growing appetite from strategic buyers for high-growth software businesses in the life sciences sector, particularly those offering digital R&D and AI-powered solutions.

Private Equity Firms 147

Private Equity Firms Private Equity Firms Taxes Finance 147

The Motley Fool

APRIL 15, 2024

Image source: The Motley Fool/Upsplash I'm a longtime customer of Mint, the personal finance app that was formerly part of Intuit. Mint was the perfect solution to track my business expenses and my personal finances. This felt frustrating, especially since tax season was approaching. Because, as a freelancer, I loved Mint!

Taxes 246

Taxes Consultants Consulting Finance 246

The Motley Fool

JUNE 16, 2024

So, retiring overseas might sound like a dream come true -- think sunny beaches, quaint European villages, or scenic Asian cities that are better for your personal finances. Taxes You may still have to pay U.S. taxes on your income, even if you live abroad. It's essential to understand the tax treaties between the U.S.

Legal 246

Legal Consultants Consulting Taxes 246

Private Equity Wire

DECEMBER 24, 2024

Wingstop UK has sold a majority stake in its business to the US-based private equity firm Sixth Street, according to a report by Yahoo Finance. in revenue for the year ending 31 March 2024, and recording a pre-tax profit of 3.5m. Recently, it was revealed that Wingstop more than doubled its sales over the past year, generating 84.6m

Stakes 98

Stakes Private Equity Firms Private Equity Firms Taxes 98

The Motley Fool

APRIL 20, 2024

Which category your property falls into can have major implications when it comes to obtaining a mortgage, as well as when filing your tax return each year. If you plan on buying a home and using it as a long-term rental property, it is an investment property and must be treated as such for financing purposes. What is right for you?

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Investing Finance Financing Taxes 246

The Motley Fool

OCTOBER 13, 2024

74% of people felt less stressed using a financial advisor An Edelman Financial Engines survey found that 74% of people say they feel less stressed about their finances because they work with a financial professional. The biggest stressors for Americans right now are inflation, the economy, and personal finances.

Finance 246

Finance Financing Debt Accounting 246

The Motley Fool

JULY 13, 2024

That means not carrying credit card debt from month to month or financing a new boat, ATV, or vacation whenever the whim strikes. They take advantage of tax deductions Millionaires have learned that minimizing their tax liability is an overall strategy for protecting their personal finances.

Taxes 246

Taxes Debt Depreciation Finance 246

Private Equity Wire

OCTOBER 30, 2024

PebblePad was advised by Bishopsgate (Corporate Finance), Gateley (Legal), Claritas (Tax), and Crosslake (Technology). The deal was led by Jon Pickering, Chief Investment Officer at NorthEdge, alongside Dan Matkin, Director, and Simone Masterson, Investment Manager.

Due Diligence 97

Due Diligence Private Equity Firms Private Equity Firms Legal 97

The Motley Fool

SEPTEMBER 23, 2024

A recent survey from Origin, a personal finance platform, found that when people work with financial planners, they tend to get much richer. Financial planners can help drive big results in your personal finances. Origin's survey found that when people work with a financial planner, they often see gains in net worth of 50% or more.

Finance 246

Finance Financing Taxes Accounting 246

The Motley Fool

OCTOBER 28, 2024

To stay on top of your finances, aim to only spend what you can pay off at the end of the month whenever possible. To keep your finances on track, aim to have three to six months' worth of expenses set aside in a rainy day fund. Making small, consistent steps with your personal finances leads to big results over time.

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Mutual Funds Debt Finance Financing 246

The Motley Fool

JUNE 25, 2024

Legislation passed in 1983 to shore up Social Security by gradually phasing in a later full retirement age to stabilize the program's finances. The maximum taxable income is increasing The last change involves the maximum Social Security taxes you'll pay. See, there's a cap on the amount of income taxed by Social Security.

Taxes 246

Taxes Finance Financing Accounting 246

The Motley Fool

NOVEMBER 6, 2024

The tax-free growth and income you get to enjoy in retirement. You could withdraw that money during retirement without taxes chipping away at your portfolio. You'll just need to wait until you're 59 1/2 and meet the five-year rule to access those earnings tax-free. Its main appeal? Image source: Getty Images. The best part?

Taxes 246

Taxes Exchange-Traded Funds Finance Financing 246

The Motley Fool

MAY 5, 2024

Image source: The Motley Fool/Upsplash The end of tax season is a good time to reflect on the value of professional tax help, especially for small business owners. I don't know why any small business owner would want to go through the hassle and stress of doing your own taxes.

Accounting 246

Accounting Taxes Legal Liabilities 246

The Motley Fool

JULY 22, 2024

Take care of your small business taxes As soon as you start earning your first side hustle money, you need to start thinking about small business taxes. Here are three tax moves you should make as a side hustler. Get a high-yield savings account to keep your extra tax money in.

Taxes 246

Taxes Consultants Consulting Bidding 246

The Motley Fool

MAY 12, 2024

Each year, the Social Security Trustees release a report that reviews the state of the program's finances. The bad news: Benefit cuts may be coming Social Security gets most of its funding from taxing wages. Moving FRA back could help the program's finances, but it would also force a lot of people to work longer than they want to.

Taxes 242

Taxes Finance Financing Funds 242

The Motley Fool

AUGUST 24, 2024

Make the most of tax-advantaged accounts such as IRAs or 401(k)s. HSAs are rare in that they offer a triple tax benefit. You can make tax-free contributions. Your investments then grow tax free. Finally, you don't have to pay taxes on any withdrawals as long as you use them for health expenses.

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Debt Taxes Banks Finance 246

Private Equity Wire

NOVEMBER 1, 2024

Rutherford has served extensively as a resource to portfolio companies on accounting, tax, and financing matters. Rutherford joins from Camden Partners, an enterprise software growth equity firm, where he was previously Chief Financial Officer and Chief Compliance Officer.

Private Equity Firms 98

Private Equity Firms Private Equity Firms Taxes Finance 98

The Motley Fool

AUGUST 20, 2024

Getting a mortgage on a $1 million home To finance a $1 million home, you may need a jumbo loan. These are loans that exceed the annual limits set by the Federal Housing Finance Agency (FHFA). In our calculations, let's assume that you make a 20% down payment on your million-dollar home and finance the remaining $800,000.

Taxes 244

Taxes Debt Finance Financing 244

The Motley Fool

MARCH 14, 2025

The aspects of mortgage financing, that is a business that Redfin has wanted to be in. The financing side of it is where Rocket has been traditionally quite good. In that sense, Dylan, yes, it makes a lot of sense because Redfin has been moving into mortgage financing, title, all of the things. This helps with things like taxes.

Shareholders 237

Shareholders Mergers and Acquisitions Finance Financing 237

The Motley Fool

APRIL 19, 2024

Image source: Upsplash/The Motley Fool Electric cars are the future, so I signed on to finance my 2021 Toyota Corolla Hybrid last month. True, EV tax credits can help buyers recoup the cost of buying some EVs. Instead, I financed my hybrid, a happy medium. Some plug-in hybrids qualify for $3,750 federal tax credits.

Investing 246

Investing Taxes Finance Financing 246

The Motley Fool

JULY 2, 2024

It's easier to save and invest when your finances are in order. Here are a few things you can do to get your finances on track: Create a budget : Keep tabs on your income and expenses to make sure you're not living above your means.

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Exchange-Traded Funds Taxes Debt Finance 243

The Motley Fool

SEPTEMBER 28, 2024

Image source: Getty Images HSAs (health savings accounts) are the unsung hero of personal finances. These accounts allow people with qualifying high-deductible insurance plans to set aside $4,150 for single plans and $8,300 for families out of pre-tax dollars. Remember, HSA growth is tax free as long as it is used for medical expenses.

Accounting 246

Accounting Taxes Finance Financing 246

The Motley Fool

SEPTEMBER 15, 2024

The financial state of Chipotle Chipotle has also moved to minimize disruption on the finance side of the business. Jack Hartung, the chief financial and administrative officer and president of strategy, finance, and supply chain, agreed to delay his retirement "indefinitely" to ensure a smooth transition.

Finance 246

Finance Financing Taxes Accounting 246

The Motley Fool

JULY 30, 2024

Taxes are another expense that reduces your earnings, especially if you're a freelance worker. Since you're a contractor or self-employed worker, you'll need to save for and pay your taxes. Keep your finances in mind No matter what type of business you run, keeping your finances in mind is a must.

Finance 246

Finance Financing Taxes Accounting 246

The Motley Fool

NOVEMBER 24, 2024

There are two benefits to taking a close look at your finances. The other benefit of reviewing your finances is that it will give you an idea of how much life will cost in retirement. Make the most of tax-advantaged accounts Tax-advantaged accounts can make it a little easier to save for retirement.

Accounting 242

Accounting Taxes Finance Financing 242

The Motley Fool

AUGUST 26, 2024

What the numbers say The Federal Reserve releases a Survey of Consumer Finances every few years that provides a detailed view of Americans' finances. And to that end, it pays to do a few key things: Live below your means Follow a detailed budget Invest in a tax-advantaged retirement account Let's break each action item down.

Taxes 246

Taxes Finance Financing Accounting 246

The Motley Fool

DECEMBER 19, 2024

I'm here today with Bill Nash, our president and CEO; Enrique Mayor-Mora, our executive vice president and CFO; and Jon Daniels, our senior vice president, CarMax Auto Finance Operations. CarMax Auto Finance or CAF delivered income of $160 million, up 8% from the same quarter last year. billion of repurchase authorization remaining.

Leveraging 130

Leveraging Depreciation Taxes Finance 130

The Motley Fool

APRIL 15, 2024

It can provide a financial safety net for retirees, but like most other streams of income, there are tax implications that come along with it. If you currently receive (or will soon receive) Social Security, knowing the tax rules and how they potentially impact your benefits is important. So, let's take a look.

Taxes 246

Taxes Finance Financing 246

The Motley Fool

AUGUST 11, 2024

As long as fueling your car impacts your personal finances , it's good to understand that prices are not randomly set. Taxes Also contributing to the retail price of gasoline are federal, state, and local government taxes, and those taxes vary dramatically by city and state. What drives the price? According to the U.S.

Taxes 246

Taxes Finance Financing Debt 246

The Motley Fool

NOVEMBER 18, 2024

As we near the end of the year, it's time to begin thinking about your finances heading into 2025. A smaller COLA will be a disappointment to many retirees, but lower costs will likely have a bigger impact on your finances than a slightly higher adjustment. in June 2022. In 2024, the limit is $168,600 per year.

Finance 243

Finance Financing Taxes 243

The Motley Fool

JUNE 27, 2024

You may not like seeing Social Security taxes being taken from your paychecks during your career, but there's comfort in knowing you'll reap some of the benefits on the backend in retirement. Unfortunately, like other forms of income, Social Security benefits may be subject to taxes. And in Utah, everyone pays a flat 4.55% tax.

Taxes 246

Taxes Finance Financing 246

The Motley Fool

OCTOBER 29, 2024

This approach allows us to optimize our production base while ensuring that our customers receive the points necessary for them to qualify for and critically finance the domestic content bonus. Tax expense for the third quarter was $14 million, compared to $28 million in the second quarter. We expect volumes sold of 14.2 billion to $1.05

Taxes 246

Taxes Liabilities Capital Leveraging 246

The Motley Fool

SEPTEMBER 14, 2024

These plans give you a tax break on contributions, thereby lowering your IRS burden in any year you make them. Plus, unlike a regular brokerage account, you don't pay taxes on investment gains year after year in an IRA or 401(k) plan. Rather, you're taxed at the time of your withdrawals, which delays the tax burden until retirement.

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