#irs-rules

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Retirement
from24/7 Wall St.
5 days ago

Gold IRAs Could Cost You 33% in Taxes. Here's What Aggressive Commercials Won't Tell You

Physical gold in IRAs is taxed as collectibles or ordinary income, often producing higher rates than stock investments and reducing retirement gains.
fromEntrepreneur
1 week ago

What You Can and Can't Deduct in Your Side Hustle (Most People Get Tax Deductions Wrong)

A 2024 report from McKinsey & Company found that 36% of employed Americans - roughly 58 million people - identify as independent workers, with many using side hustles to supplement their primary income. When you're building something on the side - whether it's freelance coding, selling vintage finds or coaching clients - every dollar of revenue feels hard-won. So when tax season arrives, the real question isn't just how much you made, but how much you get to keep.
Dining
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