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Consumers can raise their credit scores, but if the scores are already decent it might not be worth it. Dear Liz: My credit scores are good, but I was wondering if there is a way to bring your scores to 800 or more if your income isn't that high.
Now that the GOP tax bill sharply limits the deduction for state and local taxes, pre-retirees in high-tax states may ponder: Should I stay or should I go? President Donald Trump said the tax legislation he signed today will get a boost in popularity when Americans begin seeing their paychecks rise in February, and he said he thinks Democrats regret not supporting it. Now that the GOP tax bill sharply limits the deduction for state and local taxes, pre-retirees in high-tax states may ponder: Should I stay or should I go? The final version of the "Tax Cuts and Jobs Act," which was released Friday, places a cap of $10,000 on the deduction filers can take for a combination of state and local income, sales and property taxes.
In April 2016, as Donald Trump was on the cusp of clinching the Republican nomination for the White House, he sold two luxury condos near Manhattan's Central Park for less than half the price his company had said they were worth. The lucky buyer: Trump's son, Eric.
Question: How much will the possibility of tax reform influence financial markets, and should I wait until this is completed before reviewing my estate planning documents? Answer: There's an old adage on Wall Street; "Don't' let the tax tail wag the investment dog." With tax reform and infrastructure spending discussions underway, it may be tempting to let the "tail wag the dog" regarding investment decisions.