interest | Connolly Steele

ConnollySteele

Nov 16, 20223 min read

How savings bonds are taxed

Series EE Bonds dated May 2005 and after earn a fixed rate of interest. Bonds purchased between May 1997 and April 30, 2005, earn a...

ConnollySteele

Oct 12, 20222 min read

Tax and other financial consequences of tax-free bonds

If you’re interested in investing in tax-free municipal bonds, you may wonder if they’re really free of taxes. While the investment...

ConnollySteele

Jul 27, 20222 min read

How to avoid the early withdrawal tax penalty on IRA distributions

When you take withdrawals from your traditional IRA, you probably know that they’re taxable. But there may be a penalty tax on early...

ConnollySteele

May 25, 20222 min read

The ins and outs of Series EE savings bond taxation

Many people own Series E and Series EE bonds that were bought many years ago. They may rarely look at them or think about them except on...

ConnollySteele

Mar 23, 20223 min read

The tax rules of renting out a vacation property

Summer is just around the corner. If you’re fortunate enough to own a vacation home, you may wonder about the tax consequences of renting...

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