Municipal bond issued in 1929 by town Kraków (...Reblog this post [with Zemanta]

New Municipal Bond Benefit

Municipal bonds offer investors three significant tax advantages. Municipal bond interest is exempt from regular federal income taxes. Image via Wikipedia  Because it is exempt, the interest does not have any effect on adjusted gross income (AGI). Keeping AGI as low as possible is often a tax planning goal.  Many states do not tax their residents on the interest they receive from in-state...

October 8th, 2009 by The Tax Man 
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