For many, understanding what the social security tax is exactly can be a little confusing. Here we breakdown the different components that make up the social security tax and go behind the scenes of who pays it and the long history behind it.
What are income taxes? An income tax is simply a tax levied on the income of businesses and individuals. Here in the U.S., our federal government uses the income tax to help run defense, entitlement programs, and other services.
Federal taxes affect all of us- we notice our smaller paychecks, or we’re wondering we’re going to get a refund or not, or if we’re doing bookkeeping for our small business. It’s something we need to be on top of. Taxes...
The U.S. spends about $12 billion dollars per year prosecuting marijuana offenders, which are 47% of all of all drug arrests, with roughly one-third of all crimes being non-violent and drug related. How much could the government make by regulating pot?
In the second installment in our series on “Sin Taxes,” we present a graphic which illustrates how much money individuals are being taxed to consume alcohol, and subsequently how much the Federal and State governments are generating in tax revenue.
Finding good deals on vacation travel and spots is easier than ever if you use a combination of social media tools and other online help. It pays to know which sites to check out and use for your next trip to save money on flights, car rentals, attractions, and hotels.
Now that graduation is officially over, it’s time to find a job. It’s easy to forget to nail down the specifics of how your choices might impact your tax bill later, so we’re sharing four tips to keep you on top of your game.
This is the last weekend to file your taxes before the April 15 deadline. Kelly Phillips Erb (also known as @TaxGirl on Twitter) shares a few last-minute tax tips for tax procrastinators, or even those that might need to file an extension.