As the New Year comes many people begin to make money resolutions. Save more money here. Spend less money there. Yet many end up going back into their spending ways a few weeks into the year. Like any diet, you need to put something in place that is overall a new lifestyle. Temporary measures rarely […]
Is it possible to pay zero in Federal Income taxes on a $150,000 income? The answer might surprise you.
The tax system in the United States might as well seem like a foreign language to most individuals. Vague statues. Obscure language. When you examine the tax system carefully it heavily favors those with higher incomes and those who invest. The investing part is not necessarily bad since Americans need to save more given the […]
The average American household takes in $63,091 per year. With recent shifts in the economy, it is very likely that this figure is much lower for the current year. But the baseline point is important to understand where most Americans stand. After all, salary and income is still a somewhat taboo subject. You can talk […]