I’ve done that before (see here, here, here, here, here, here, here, here, and here), but it’s always good to expand the collection. Three Italian professors, in a new working paper for the Centre for Economic
There’s a lot of enthusiasm for Roth IRA conversions and Mega Backdoor Roth IRAs—and for good reason. Paying taxes upfront on your retirement accounts can be a savvy move, especially if you’re in a mid-to-lower federal income tax bracket, as it allows for tax-free withdrawals in the...
I haven't got my payment summary, can I still do my taxes? + Yes!! We can obtain your Income Statement (formerly called a Payment Summary) from the tax agent portal. Who can become a Privilege Plus member? + To become a loyalty member, you need to be an individual who is over the...
If your employer covers the cost of using your own car for business purposes, you may be taxed on those reimbursements. However, you may not have to pay any taxes depending on your employer's reimbursement policy. Learn more about employer mileage reimbursements and when these payments are t...
Looking back, I found being a bottom 50% income earner to be enjoyable, even though I knew what it was like to earn much more. Not only did I pay a reasonable amount of income taxes, but I also gained a newfound sense of freedom. ...
Voters chose Brexit in part to give the nation a chance to break free of the European Union’s dirigiste approach. But instead of adopting pro-growth policies (the Singapore-on-Thames approach), former Prime Minister Boris Johnson opted to increase the burden of taxes and spending. Hopefully ...
But first, you need to understand what tax loans are and how they can make filing your taxes easier. Here is the lowdown on what they are and why they might be beneficial: What’s a Tax Loan? A tax loan is a short-term loan that helps you pay the cost of filing your taxes. If...
There are two general kinds of investment accounts; tax-advantaged and taxable. Retirement accounts are a way to minimize taxes legally. The best place to start is an employer-sponsored401kwhich is usually a choice of a fewmutual funds.If your employer offers matching funds, that’s free mone...
How do offshore bank accounts help people avoid paying taxes, and are these income, sales, property taxes, all of these, something different, and from where does this money originate? How do most people pay their income tax throughout the year? How does someone file taxes as self-employed...
If you want to know exactly how you fit into the income class matrix, the Pew Research Center has a recently updatedincome calculator. You can break down your class status first by state, metropolitan area, income before taxes, and members of the household, then by education level, age, ra...