Taxes

If you’re thinking about moving to a new state, then you might want to look at its taxes. Since individual income, property, and sales/excise taxes vary from state to state, your total tax burden can vary significantly. So, where do residents pay the most taxes? To figure that out, a recent WalletHub report compares every […]

Choosing to live in a state that doesn’t tax retirement income can help you preserve your savings for longer when you’re aging. Taxes aren’t the sole factor you should consider. Other expenses, such as property taxes, can negate what you save. Your desired lifestyle, access to healthcare, and proximity to loved ones should be factored […]

Whether you realize it or not, April 18th is a big day. That’s when taxes in the United States have to be filed. Even if you didn’t know when the filing deadline was, anyone reading this definitely knows it’s tax season. At this time of year, accounting companies are working overtime to advertise their services […]

Tax lawyers have deep, detailed, specialized knowledge of tax law. Their expertise can be essential in complex income and taxation situations. Tax attorneys help clients craft long-term strategies for reducing tax burdens. Strongly consider hiring one if you’re being audited or charged with a financial crime. With tax season in full swing, taxpayers across the […]

You may have noticed a stark increase in advertising for “ultra luxury condos” in your area lately. These swanky apartment rentals or real estate options are becoming increasingly popular — especially in larger cities. At first, you’d only find them in more “glamorous” cities like New York, Los Angeles, or Miami. However, now they are […]

Being the subject of a personal injury or negligence claim can be a stressful experience. If you’re judged to be liable for a person’s injury, you could have to pay out a substantial sum of money. Additionally, the media attention surrounding the claim could be damaging to your brand if you run a business. To […]

Everyone is prone to at least a bit of impulse buying. You know, those purchases that you didn’t really plan (or even need, for that matter), but still still end up in your shopping bag or virtual cart. They are the sugary snacks near the checkout line. They are the targeted ads you see on […]

When it comes to saving for retirement, a Roth IRA is one of the best vehicles you can use. This is especially true if you think you might have a higher income in retirement than you do while working. This could be the case if you have significant non-cash assets, like stocks or real estate. […]

The holidays are right around the corner, and that means you’ll be hearing about two sales a lot: Black Friday and Cyber Monday. These huge deal days have blurred together in the minds of some shoppers, but they aren’t carbon copies of one another. Something marked down on Black Friday may be even cheaper on […]

Once you hit retirement age, you might have a bucket list you intend to check off. These are your golden years, which typically means you have more time to spend on yourself. Unfortunately, spend is often the operative word. If retirees aren’t careful, they might overspend on big-ticket bucket list items they wind up regretting. […]

It’s that time of year again. The airwaves are once again full of commercials for tax relief services. They offer a promise to settle your back taxes — sometimes for just pennies on the dollar. I can still hear some of those catchy jingles in the back of my head. Maybe you can too. But […]

Tax credits reduce your tax bill on a dollar-for-dollar basis. However, deductions are what lower your taxable income. The good news is that some home improvements can make your living space better and reap you benefits on your taxes too. There are multiple tax deductible home improvements you can undertake. That new bedroom might just […]

Most of us set out to do our taxes with two specific goals in mind: try to pay as little we can to the IRS and maybe — if we’re super lucky — get a decent refund. Those are perfectly reasonable goals to aim for, but it’s not necessarily easy to recall (or even know […]

You’d think that an activity we’re required to take part in every year might be old hand by a certain age. Shouldn’t we know all there is to know about filing taxes, especially since it’s a compulsory event in which we’re all obligated to take part? But then again, think about the homemade caramel rolls […]