Most recent tagged with: Infographic

Payroll Tax Changes Affect the Way Americans Spend and Save
Tax Refunds

Payroll Tax Changes Affect the Way Americans Spend and Save

On January 1, 2013, the American Taxpayer Relief Act put more money back in taxpayers’ pockets with the permanent passage of many tax breaks. The payroll tax holiday, a temporary tax break to help stimulate the economy, however was not extended on January 1, 2013. Our infographic looks at how the expiration of the payroll tax holiday impacts spending habits and how individuals use their tax refunds. Full story

Tax Season is Over: How Will You Spend Your Refund? [INFOGRAPHIC]
Tax Planning

Tax Season is Over: How Will You Spend Your Refund? [INFOGRAPHIC]

Most people would consider the tax refund the best part of tax season and with almost 75% of tax payers getting tax refunds this year, we’re taking a look at how Americans will spend their refund. While some would opt to save their refund for a rainy day, about 56% of tax payers plan to use some of this year’s tax refund to shop. Let’s take a look at the breakdown of top items on shoppers’ lists. Full story

A Century of Income Taxes: The History of Tax Day [Infographic]
Tax News

A Century of Income Taxes: The History of Tax Day [Infographic]

The April 15th tax deadline is just days away and tax procrastinators are scrambling to make the tax deadline. No need to worry. With today’s modern technology you can go online and e-file your tax return at 11:59 on April 15th, but what was tax day like a century ago and how did the IRS come up with the April 15th tax deadline? Our infographic takes a look at a hundred years of taxes and the history of tax day.

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All Grown Up: The Cost of Raising a Child [Infographic]
Tax News

All Grown Up: The Cost of Raising a Child [Infographic]

Parents who are lucky enough to bring a new bundle of joy into the world can expect to spend between $200,000 and $500,000 before their child even makes it to college. Whew! Don’t forget to take advantage of tax breaks for your children when you file your taxes. Our infographic breaks down the different expenses involved with raising a child and looks at the total costs from birth to age 17. Full story