In recent years, a process known as “inversion” has received increased scrutiny by the public and by the government. It’s a way for businesses to avoid certain taxes by claiming to be a foreign company. These tax dodges are costing the United States millions a year in revenue, and the Treasury Department has been taking steps to […]
A few of us enjoy paying taxes. However, for some of us this is a fact of life. One way that you can get a little more out of your taxes is to use a credit card when you pay. As long as you plan ahead, and have a strategy for paying off your credit card before […]
Now that we’re getting into the tail end of tax season, it’s a good time to think about how you view your tax refund. The way you think of your tax refund can make a big difference in the way you spend it.
According to a recent survey from Capital One, only 12% of respondents think […]
Now that tax season is underway, many people are starting to receive their 2015 tax refund. In fact, it’s no real surprise that many of those accepting refunds already have them for 2015.
But what are these Americans doing with the 2015 tax refund? With the great recession still on the minds of many, and […]
When we think of tax breaks, we normally think of the boring things we all claim: charitable contributions, Earned Income Credit, and mortgage interest. We might think about our business expenses, or deductions for things like moving and student loan interest if they apply.
However, when it comes to tax breaks, there are some […]