Taxes

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

With every working citizen of the United States having to file taxes, the number of tax returns is in the hundreds of millions. With a system so large, it may seem easy to get lost in the crowd. This is what many who cut corners on taxes tend to believe. The IRS has a number of safe guards in place

Many retirees today live on a fixed income. Those who do not are still likely to live on a limited amount of retirement savings. One of the best things that you can do as a retiree is to settle down at a home base. Before you set down your golden year roots, be sure your state is retirement

One slip in the mail that no one wants to receive is an audit slip. During tax time, one of the most common worries is making a mistake. Mistakes tend to be the precursor to triggering an IRS audit. If you are wondering what it’s like to get audited, here are some of the steps that occur. The

We already covered the worst states for paying taxes in 2015, so today we thought it would be a good idea to cover the states with the lowest taxes. Below you’ll see the states where people enjoy spending the least amount of money in taxes. Delaware Delaware residents have a 2.2% tax rate, which