Taxes

You worked so hard for your retirement savings, now boost them further! If you have maxed out your 401(k), there are still ways to make contributions to your retirement funds post-tax. The IRS is now allowing those who are eligible to move after-tax contributions from their 401(k) or 403(b) plan to a Roth IRA upon…

Your tax bracket does not necessarily equal what you will pay. There’s a reason that people turn to professionals when it comes to their taxes: this stuff is confusing! For instance, you may think that because you are in the 25% tax bracket, that means you pay about 25 percent of your income in taxes…

Look for all possible deductions for your 2015 taxes. With the end of the year drawing closer, its the time to get your 2015 taxes in order. Did you know that there are a few different ways your children and dependents can be a source of tax deduction come April? Who is dependent on you? Every…

2015 is slowly drawing to a close, and now is the time to prep for your 2016 taxes. A lot of people wait until the spring to even think about their taxes, then don’t feel prepared when April arrives. The end of 2015 is the time to be proactive about your taxes and plan for…

Head into tax season stress-free with these tax-reducing tricks. Every year after tax season, people are on a mission to save more on their taxes than they did the year before, and this takes dedication and know-how. Learning the ins and outs of your state’s local tax laws in combination with these tax deduction tricks can help…

Filing taxes can be draining on your wallet. Use these 4 tax write-offs to help save money come April. When filing taxes in April, most Americans just go with the standard IRS deductions. These standards are based on age, income and filing status, and the standards change from year to year. For 2014, the standard deduction…

Knowing the tax law can give you more disposable income. Okay, so just knowing the tax law won’t necessarily get you money. However, if you take the time to figure out your eligibility for different tax breaks and apply them to your life specifically, you can increase your disposable income and have more money in…

The Nevada tax structure is perfectly designed to draw in businesses. There are countless reasons why moving to Nevada is a great choice from the gorgeous landscapes to the gourmet local food scene, its proximity to stunning Lake Tahoe and the dynamic way of life that comes with the territory. One such reason is the exceptional…

Guernsey experiences great relaxation when it comes to taxes. Taking up approximately 30 square miles and one of only seven islands within the English Channel, Guernsey boasts a beautiful coastline as well as a spectacular main town. Guernsey was once part of Normandy, hence the French street names, but now exists outside of the European Union.…

When looking to move or retire, state and local taxes are an important factor to consider.  State and local income tax rates can range from approximately 0% to 14% depending on where you choose to live. Besides personal and state income tax, inheritance tax, sales tax, property tax, gas tax, and estate tax are also material costs to…