Difference between revisions of "Don t Panic If Tax Department Raids You"
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Revision as of 21:37, 4 October 2024
Investing in bonds is really a good way to earn reasonable returns, but how do whining whether a tax free bond or perhaps taxable bond is the very investment? A bond will be merely the lending of money to another party. Bonds are issued as security for the money loaned. Most bonds can be corporate or governmental. These are traditionally issued in $1,000 face amount. Interest is paid on an annual or semi-annual cornerstone. Corporate bonds are taxable, while some governmentals are non-taxable. Municipal bonds and I-bonds (issued by the U.S. Treasury) are non-taxable.
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