If you become a victim of tax scam then you might get a financial hit of hundreds of thousands of dollars. So keep your guards high and protect yourself from such scams. Under given are some signs that point towards a tax scam Fake emails, requesting your personal details […]
1 out every 14 American that are aged 16 or more have been the victim of identity theft once in their lifetime, according to the bureau of Justice Statistics USA. So it is important that you know some details of identity theft so that you may be on your toes. Here are some types [...]
Identity theft is as real as it gets these days. Here are some precautionary measures that you can take. Avoid using the same password on multiple sites: Try your best to keep unique passwords for multiple sites. If you use the same password and username on a less secure site then it is possible [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Payment of taxes is an important task, being a responsible citizen you must be aware of the importance of this obligation. Like most US citizens, you must be delaying the filing of tax returns. The reason might be the long procedure or the difficulty in filing the tax return. The fact is that there [...]
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 [...]