Will I have to pay tax on my investment income?
Answer: The taxation of your investment income depends on several factors, including the type of investment income you have (e.g., tax exempt, ordinary, capital gain, or tax deferred). If you have municipal bonds, the interest they generate is typically exempt from federal taxation and state taxation in the state the bonds are issued. The interest […]
Tax Moves to Review Before Ringing in the New Year
Here are 10 things to consider as you weigh potential tax moves between now and the end of the year. 1. Reserve time to plan. Effective planning requires that you have a good understanding of your current tax situation, as well as a reasonable estimate of how your circumstances might change next year. There’s a […]
More Than a Trust Company
Before I joined Heartland Trust Company, I knew about its great reputation in our community and throughout the region. I admired this award-winning organization and its dedicated people, but like many others, I also thought the company only managed trusts. After all, the name is Heartland TRUST Company. That said, managing trusts is only one […]
