The 2025 standard deduction amounts are as follows: The additional standard deduction for people who have reached age 65 (or who are blind) is $1,600 for each married taxpayer or $2,000 for unmarried ...
This blog is dedicated to spreading the idea that investment success is based upon stubbornly following a few (very simple) principles: Diversifying your portfolio, Minimizing costs (such as brokerage ...
Please note that this calculator is only intended for sole proprietors (or LLCs taxed as such). If your business is an S-corp, C-corp, or LLC taxed as such, please consult with your tax professional.
This tool is intended to show the tax treatment of distributions from a Roth IRA. (That is, it will show which amounts will be subject to ordinary income tax and/or 10% penalty.) Please note that it ...
Pets create certain distinct challenges with respect to estate planning. At its core, the issue is that pets, legally speaking, are property. In your mind, your beloved terrier Marty is a member of ...
You can reach me at mike@obliviousinvestor.com. But please know that I cannot promise a reply, much less a prompt one, as the volume of incoming email per day has grown dramatically over the years as ...
Index funds are mutual funds designed to track a specific index (the S&P 500 or the Barclay’s Capital Aggregate Bond Index, for instance). This is in contrast to most mutual funds, which are run by ...
I suspect that many investors don’t appreciate how difficult it is to beat the market by picking stocks on one’s own. Granted, I can’t blame them. After all, they’ve been told by countless marketers ...