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Revision as of 21:14, 29 August 2026

After all the festivities, laughter, and gift giving of the holidays, giggles and grins quickly meld into groans and glowers as Tax Preparation Season rears its ugly counternance. From January 15th until April 15th, Americans fuss and fume about our growing income taxes. Nevertheless, in an odd sort of way, some must love the gloom since they will file for an extension, prolonging the agony of the inevitable.

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Muni bonds should be owned transfer pricing with your taxable brokerage accounts, without having it in your IRA or 401K accounts because income in those accounts is tax-deferred.

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Also pay attention to that a task that is done in another state, a mobile auto glass installation for example, is subject for that states irs. Not your own state.

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