From the category archives:

Taxes

Guidelines and Tax Saving Tips Pertaining to Retirement Savings

by joeplemon on July 28, 2010

in Guest Post,Investing,Retirement,Taxes

Saving for retirement with specialized retirement plans is an excellent way to build wealth on a tax-free or tax-deferred basis. Considering that most people rely on their tax-deferred retirement accounts as income after they stop working, making a mistake can be extremely costly.

Here are some retirement saving tax tips that should help you keep more of that money for yourself: [click to continue…]

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Five Upcoming Tax Hikes and What They Mean to You

by joeplemon on April 19, 2010

in Recent News,Taxes

Tax by definition
Creative Commons License photo credit: alancleaver_2000

I know. Tax season just concluded and the last thing you want to hear about is taxes. I understand, but think of it this way – right now, while this stuff is fresh in your mind, is the best time to start considering what the future holds. So…are you ready?  Take a deep breath and read on.

[click to continue…]

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The Fair Tax: Is It Too Good To Be True?

April 7, 2010

Close your eyes and dream for a moment. Ready? OK. The IRS was just dissolved. No more federal income taxes. No Social Security/Medicare taxes either. Or capital gains taxes or gift taxes or estate taxes or self-employment taxes or corporate taxes. Could this ever become a dream come true? If the advocates for the Fair [...]

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Income Tax Basics: They Really Are Simple

September 22, 2009

photo credit: piermario “Where,” you are thinking, “does Joe get the audacity to think he can explain taxes in a few sentences?” Good question, but stick with me. The key word here is “basics”. I believe that if you can understand three concepts: Federal Tax Brackets, Standard Deductions and Personal Exemptions, you can understand the [...]

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