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Want to avoid retirement taxes? Here are some Best Places to Retire on Social Security

Taxes are unavoidable even when you retire. Obviously, every individual wants to keep more money with him when he retires. A retired person doesn’t have any other source of income except his retirement funds. Sadly taxes are a big part of your retirement budget unless you retire in a state which offers tax breaks to [...]

By |2016-05-06T23:38:29+00:00May 6th, 2016|Blog|0 Comments

Wondering how your taxes are used?

Americans regularly pay their taxes but often wonder where these taxes are spent. This curiosity sometimes leads to misconceptions by a majority, as they tend to underestimate the taxes that government spends on critical parts of Federal Government’s Budget. Here are some of the perceptions of people about the tax spending. The common man’s estimate [...]

By |2016-05-04T00:11:15+00:00May 4th, 2016|Blog|0 Comments

Dodging Taxes; Yes Multinationals do that!

Although it is said that taxes are too high in USA, but still multinationals are paying less than they should actually pay. Multinational have a huge setup and they are enjoying greater sales and high profit but they manage to dodge the taxes.  According to the study reported in Forbes magazine General Electric won’t owe [...]

By |2016-05-04T00:03:35+00:00May 4th, 2016|Blog|0 Comments

10 Interesting Facts About Taxes

  Paying taxes is a very important aspect of everyone’s life. Filing tax returns and payment of taxes seems a boring task to people.  Let us tell you some interesting tax facts: The greatest tax deductions are those paid to state and local government. The second biggest deduction of tax is on home mortgages The [...]

By |2016-04-28T18:03:21+00:00April 28th, 2016|Blog|0 Comments

2 basic reasons you should file your tax earlier?

Tax payment is an obligation on every citizen. It is important that you act as a responsible citizen and plan your tax payments on time. Filing your tax earlier is of great advantage for IRS but it also has many advantages for an individual who files the tax on time. Following are the few advantages [...]

By |2016-04-28T00:27:25+00:00April 28th, 2016|Blog|0 Comments

Why you should hire a professional tax preparer?

 Tax filing is considered a nightmare by many; people have panic attacks when the time comes for preparing tax returns and paying taxes. Nowadays the option of hiring a tax professional is a big relief for many. Tax filing is not a very easy process; it depends upon every person’s unique financial status. Tax professionals [...]

By |2016-04-26T00:18:33+00:00April 26th, 2016|Blog|0 Comments