Which States Are Good, and Bad, for Taxes?
How attached are you to the state you live in? Although most people would rather not relocate, where a person lives can actually make a huge difference in his or her tax bill. That’s because Kiplinger recently released its list of the most and least “tax-friendly” states when it comes to taxes. The business publisher used three important tax factors to determine their results, including state income tax, gas tax and sales tax. Here’s what they found.
If you live in Delaware then chances are you’re happier than most about your tax bill. With an income tax coming in between 2.2 percent to 6.6 percent, along with no sales tax and well below average gas taxes, Delaware was number one on the list of most friendly tax states. Wyoming, Louisiana, Mississippi and Alabama were also on the friendliest list.
Meanwhile the news is not so good if you live in California. With an income tax reaching as high as 13 percent for the top earners, a 7.5 percent sales tax and a gas tax coming in at $.053, the golden state is number one on the list of least friendly tax states. Other states that will keep your tax bill high include New York, Connecticut and New Jersey. Click here to see the entire lists.
Everyone has to pay taxes, but you can click here to learn how GROCO can help you save on your taxes no matter which state you live in. Call us today at 1-877-CPA-2006.
12 Surefire Strategies for Overcoming Your Fear of Public Speaking
12 Surefire Strategies for Overcoming Your Fear of Public Speaking By Deborah Torres Patel For many people the idea of speaking in public can be absolutely terrifying! And sociologists report that the fear of public speaking ranks even higher than the fear of death. Not to worry. Here are 12 surefire strategies to eliminate stage…
Is Your Career a Stock or a Bond
Is Your Career a Stock or a Bond Provided by Paul Andrus www.PaulRayAndrus.NYLAgents.comPosted: 8/9/11 Stocks, bonds, and cash each have a different level of volatility. It’s important to know each investment’s risk profile so that you can diversify your portfolio with assets that form a spectrum of risk/reward scenarios. The same holds true for your…
The Three Steps to Developing an Effective Personal Development Plan
The Three Steps to Developing an Effective Personal Development Plan Author: Ron Subs Posted: 7/13/10 Effective personal development is the key to finding true self-reliance and control. From communicating with others at work, dealing with situations at home, and even mastering money, personal development is the greatest way to achieve satisfaction in your life. Regardless…
Your Voice Counts – How to Ace That Phone Interview
Your Voice Counts – How to Ace That Phone Interview By Freddy Ngiam Many people overlook the importance of a phone interview. You may assume that a phone interview is very impersonal. To a certain extent it is but an efficient phone candidate would try to fashion his voice and his tone and manner of…