Image Credit:Moon Safari/iStock/GettyImages Receiving a bonus from your employer for a job well done is cause for celebration. But, you may not be so elated when you find out that your bonus could be taxed at a higher rate than your usual salary. How you will be taxed depends on how...
Scenario 2 (too few withholdings):I tried severaltax softwareproviders and they all come back with a federal refund of only a $95. This is the lowest I have ever got and I made the most money ever this year. I am single, own no property or anything, made around 14,000 last year ...
I noted with interest the views of Green Mountain Daily contributors regarding a letter I recently signed to the so-called congressional Super Committee, which is charged with getting the federal debt under control. I signed this letter because I am working hard to preserve vital human service pr...
Explain and calculate the difference resulting from a $1,000 tax credit versus a $1,000 tax deduction for a single taxpayer in the 25 percent tax bracket with $40,000 of pre-tax income. What are deferred taxes, and how do they come into being? Why do ta...
Emelin Garcia-Nieto’s journey to medical school started in an unlikely place: a small, remote mountain village in the state of Guerrero, Mexico. In the 1990s, undocumented immigrants could pass through the U.S.-Mexican border relatively easily, and her aunt, who had already gone to the Uni...
Hereis a FRED of percent change in debt minus debt. Not as striking as yours, but it still shows downtrends starting before recessions. Note the difference in the Y-Axis label, as compared to yours. If I am out of line, step on me. ...
How Are Mutual Fund Investors Taxed? When a mutual fund sells securities in the fund, it may trigger capital gains for shareholders, even for those with an unrealized loss on the total mutual fund investment. Investors are liable for taxes on the capital gains earned.7 ...
Am I securely rich? You’re damn right I am. Could other people be just as comfortable as I who didn’t have a vast portfolio with a lot of names in it? Many of whom neither they or their advisors understand? Of course they’d be better off if they did what I did. And is thre...
Obviously I am making very broad and general statements. But my point is: Everything I have stated can be backed-up by an objective analysis of fact and probabilities. There is not an ounce of faith involved. Do I trust the judgment of Warren Buffett? Absolutely. Would I purchase Berkshire...
that money away from other beneficial endeavours. I am not arguing that what we face is a united logical front, there are useful idiots, insane and at the core deep eco fascists. When one looks at what they doing it is an attack on modern civilisation that is what they hate, you and...