Vizques / Shutterstock.com The tax man comes, and the tax man takes. There’s really no avoiding the government taking its share of your pie, as the greats have so eloquently observed. But there are still few places to take refuge from taxes. Many US states do not levy a personal income tax, and there is … Read more
Andrey_Popov / Shutterstock.com From the United States to Europe and countless other places, wealth inequality continues to widen. In recent decades, the gap between rich and poor has turned into a chasm, sometimes sparking protests around the world. In America, politicians often point out that getting the rich to pay their “fair share” of taxes … Read more
401(k) accounts provide employees with many tax advantages, but when you need the money, there are tax consequences you must understand. The taxes you owe depend on several factors, including the type of account, your age, whether you are retired, and the reason for the withdrawal. In this article Tax basics on 401(k) accounts. You’ll … Read more