Taxes

Paying taxes is among the most dependable parts of life. But certain taxes are more painful than others. Today we will identify and discuss the five types of tax that Americans hate the most. State Income Tax There’s nothing more annoying than having to pay tax to both your state and the Federal

The Federal government regularly wastes your money on various causes. In an annual tradition, we get to find out the details behind the government’s wasteful spending habits. Here are the latest silly ways the government has spent your tax dollars. $35,000 on Solar Panels The Agriculture Department

Electric car tax benefits may seem like a green initiative to improve the world. Strange though this may sound, such an impression is actually far from accurate. When we look into the details of these benefits, we can see that the people who benefit the most are high earners. Let’s take a look at

Tax loss harvesting is a tax reduction trick designed to reduce the amount you pay to Uncle Sam. It can be used quite regularly and many investors use it to either postpone or to reduce what they have to pay altogether. Let’s take a look at what tax harvesting is. The Principle The principle of

A tax lien is something that the IRS files against you in order to lay claim to your personal property. You will have a tax lien filed against you when you don’t pay your taxes. Dealing with a tax lien can be quite exhausting and you need to make sure you avoid it. If you are in this position,

Tax diversification involves investing your money in places where it is treated differently. In other words, it leads to you paying less tax and gaining more money. Both are desirables outcomes. We are going to give you three ways in which you can easily add tax diversification to your

Hedge fund managers, or general partners, often work off of a flat fee. The reason for this is a hedge fund is often shared by many partners. As a means of protection, all partners are allotted a share of the fund. This fee is what is considered income for a hedge fund manager. This flat fee comes

There are a number of states which collect estate taxes. Some other states prefer to collect a tax on inheritance instead. There are two states specifically which collect estate tax and inheritance taxes. If you need to know how to plan an estate in your state, here is some information which should