Word: taxed
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...building of refineries, pipelines, coal mines and synthetic fuel plants. He also proposed an Energy Security Corporation to funnel public funds for further research on developing the synthetic fuel industry. Though Congress voted down the board last summer, it approved a $20 billion program of loans and tax incentives to spur development of the industry. And so in many pockets of the West, the hard hat is edging out the Stetson. TIME...
...anyone can convert a traditional IRA (whose distributions are taxed as ordinary income) to a Roth IRA (whose distributions are tax free and may be passed to heirs). Converting may not make sense if you are in poor health or do not want to bequeath your IRA. You will have to pay tax on the whole amount over two years. But if you can pay the tax from other funds, converting is a no-brainer...
...MOONLIGHT Under the same category as working longer, it may sound like a downer. "But I can't tell you how many clients I have who went back to work and love it," says Dew. The benefits include access to additional tax-advantaged savings in a Simplified Employee Pension (SEP) plan and tax deductions for things like travel and a home office. The trick is finding something you enjoy...
...finally move out of Manhattan or are you still among us heathen? Or are you splitting your time between [income-tax-free state not mentioned] and New York...
...There's a world of differences. I'm willing to take on the tough issues of closing corporate loopholes and ask the wealthy to give back some of their huge tax breaks. I believe we'll be the richest, strongest California if we have the best schools, more young people going to college, and expand health care for working families. This governor has cut education, he's failed to balance the budget, and he's turned his back on working men and women...