Learn about the impact different types of income and investments have on your taxes; everything from gambling, sports betting and and IPOS and how to save and maximize tax credits and deductions related to your income.
Colorful eggs are a sure sign that Easter is approaching and that the tax deadline is right around the corner, but there’s an even more important egg you should be thinking about. Your nest egg may not get much thought,...
Investing has never been easier than today with all the options available for people to really use their savings to achieve the dreams and the goals for the future. No savings to become a smart investor? Consider your tax refund to start investing in the stock market like a professional.
March marks the countdown to the tax deadline and the long-awaited March Madness office pools. While employers complain that they lose money during the NCAA tournament, employees score on their office pool winnings. Our March Madness infographic looks at how March Madness activities really impact employee productivity and morale and reminds you of the tax implications of your winnings.
Our tax system is straightforward in the sense that you pay taxes on taxable income. How much you pay will depend entirely on the type of income you receive. Most income is taxable income but there are some examples of non-taxable income and we’ll look at both.
When you earn wages, tips, or a salary, your employer will send you a W-2 form detailing your income over the past year. The Form 1099 is used by the IRS to report all other forms of income you’ve received. Find out more.
With end of year tax planning on everyone’s agenda, those that are lucky enough to get a bonus this year are wondering, “How bonuses are taxed?”. Since this a common question we are seeing at this time, we thought it would be helpful to show how bonuses are taxed in an infographic.
With the election coming, the latest news these days is all about tax rates, taxes collected, and sources of income. Your tax rate can be impacted not only by how much you make, but also the sources of income. For instance, wages, business income, and investments are taxed at different rates. Do you know the different sources of income? Check out our interactive to see where taxpayers’ personal income comes from by income level.
Labor Day is already here and for many hard working Americans, it’s a time to relax and celebrate our hard work for the year. It also marks the end of summer and is typically the time for students to get used to waking up before noon and head back-to-school. In honor of hard working Americans we thought we would take a look at how minimum wage rates have changed over 30 years.
You might have money and not even know it. You might have property or cash that has been sitting with a state government, unclaimed. Thousands of people find out that they have unclaimed property every year. As long as you know what to do about it, you can claim what is already yours. Find out more here.