Now that summer is officially over and the fall season has arrived, most of us are looking ahead to cooler weather, the holiday season and spending time with family. But there's one thing many of us may not be thinking about but should be: taxes.
For millions of Americans, 2015 open enrollment for employer-provided benefits is right around the corner. While it may be tempting to simply opt for the same coverage you have this year, doing so could cost you hundreds -- or thousands -- of dollars in tax savings.
To begin to address some of the biggest issues the state faces, Illinoisans must first know what they are. Here is a list of some of the worst awards Illinois has received.
Kleinbard describes himself as a "Dutch uncle" which the dictionary tells me is someone who admonishes sternly and bluntly... tells us the hard truths whether we want to hear them or not.
Come tax time, most Americans will have to answer a simple yes or no question on their tax return to prove they have health coverage. In some cases, taxpayers may be exempt from purchasing health insurance and a tax penalty.
I'm in the very early stages of preparing a campaign to try to run in the 2016 election for US President. I'll be doing it as a transhumanist for the Transhumanist Party, a political organization I recently founded that seeks to use science and technology to radically improve the human being and the society we live in.
It's not okay to steal just because one earns below the median income level. But as I watched "National Investigative Reporter" Jeff Rossen bear down on a soldier lucky to be earning one-fifth what he is, I wanted to know why this was the crime on which the Today show chose to focus.
Cato Institute's 12th biennial edition of its "Fiscal Policy Report Card on America's Governors" assigns grades of "A" to "F" to the governors based on their efforts to restrain government. Not only did Governor Brown receive an "F" in this year's report card, he received the worst score of any governor.
The changing attitudes toward and laws around income taxes has been a major driver of the rise of America's modern talent-based, knowledge economy.
The Roth 401(k) seems to be cause more confusion than squirrel in a four-way intersection. So let's get started!
Sen. Schumer urged Congress to craft a stricter definition of inversion and enact a ban on "earnings stripping." Earnings stripping? You'll love this. Earnings stripping refers to a practice by which a foreign-based parent corporation loans large sums to -- wait for it -- itself.
In a move apparently to be more progressive, Burger King recently changed its motto from "have it your way" to "be your way." But the company's recent decision to merge with Tim Hortons and move its headquarters to Canada, which reportedly could score tax reductions for the company, is downright regressive.
I know, it's a busy time of year. You're back from the summer holidays. Orders need to get out the door. Projects need to be done. Budgets need to be ...
Keeping wealth can be just as much of a challenge as growing it in the first place. All of these are solid ideas you can implement today.
When it comes to income taxes, many people think only of the money they earn in a paycheck. But the reality is that there are many other types of income that are subject to ordinary income taxes. And all of that income, in turn, can trigger taxes on Social Security benefits.
April 15th isn't the only deadline you need to keep in mind when it comes to staying on top of your taxes. Truly savvy planners also watch for December 31st, which is the cutoff to make some clever moves to maximize your savings come tax-time.