Taxes for Dummies

 

This is a great video explaining the US Government’s progressive tax system for those who don’t understand it! Is it fair that 16% of American taxpayers payed nearly 80% of all federal tax in 2014? Just to have politicians say that the wealthy haven’t payed their “fair share” yet.

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Leader or Manager – Which One Are You?

Leader or Manager – Which One Are You?

Leader or Manager – Which One Are You? Are you a great leader or just a manager? While your title may include “manager” that doesn’t automatically make you a leader. Likewise, being a manager doesn’t mean you can’t be a leader, as well. Some people might think the words leader and manager are interchangeable, but…

When Should I Convert From a Traditional to a Roth?

When Should I Convert From a Traditional to a Roth?

When Should I Convert From a Traditional to a Roth? If you own a traditional IRA then chances are you’ve considered converting it to a Roth IRA. At the very least, you’ve heard about this option and wondered if it’s right for you. Both types of IRAs are good. A traditional IRA is a way…

Why Doesn’t the Government Tax the Wealthy to Fund SS?

Why Doesn’t the Government Tax the Wealthy to Fund SS?

Why Doesn’t the Government Tax the Wealthy to Fund SS? The demise of Social Security is coming. In fact, it looks like it’s getting closer and closer every day. For almost eighty years retired workers have been collecting monthly Social Security checks. What started as a program to help low income individuals for a few…

Try These Strategies to Simplify Taxes in Retirement

Try These Strategies to Simplify Taxes in Retirement

Try These Strategies to Simplify Taxes in Retirement It might be coming up in a year or two, or maybe you’re still 20 years out, but retirement is coming at some point. There’s a lot to plan for when it comes to retirement, and taxes are one of the big ones. That’s the bad news.…