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.
Alternative to Deleting Facebook
Facebook is getting a lot of criticism. Last week Apple CEO Tim Cook slam’s Facebook that it wouldn’t be in the situation because it cares about privacy. Facebook is also getting heat from congress over the last presidential election and the spreading of fake news.While some users are calling to delete their Facebook account, there are other options. According to Mark Zuckerburg, Facebook is taking actions to prevent companies from getting your information and ensuring these types of things
How to Maintain the Most Important Ingredient for Leadership
Remember those battery commercials featuring the Energizer Bunny? He just kept going, and going, and going. Yes, it’s true. That Bunny might have been a little annoying, but the message was clear. Energy is important and you never want to run out of it. So what about energy in the business world? How important is energy to an organization’s success? The truth is it’s vital.Energy Breeds SuccessHave you ever worked for a company that was low on energy? Going to work was probably a drag. There is
Beware of Cryptocurrency Frauds
Does it seem like a new cryptocurrency is born each day? Digital coins are popping up continuously, with each hoping to be the next Bitcoin. While most cryptocurrencies will likely never reach the value of Bitcoin, some of them have no intention to. That’s because scammers are becoming more prevalent all the time in the cryptocurrency market.If you haven’t been paying attention, several agencies are starting to sound alarms. According to recent reports, The U.S. Commodity Futures Trading
When Is a Good Time to Get Into the Stock Market Game?
Anyone who has ever studied or even followed the stock market knows that market ebbs and flows. There will always be ups, and there will always be downs. That’s simply the nature of investing. If it were easy to predict then everyone would be successful and wildly wealthy.Last year saw amazing gains in the stock market, as a whole. However, this year, things have been heading in the other direction. Just last month the market saw some big dips, including a one-day loss on the Dow Jones of more