Taxation Vacation

02/03/2022

Retail sales taxes are one of the more transparent ways to collect tax revenue. While graduated income tax rates and brackets are complex and confusing to many taxpayers, sales taxes are easier to understand; consumers can see their tax burden printed directly on their receipts.

While many factors influence business location and investment decisions, sales taxes are something within policymakers’ control that can have immediate impacts.

01/31/2022

It’s not easy deciding where you’ll spend what will hopefully be some of the most relaxing years of your life.

A WalletHub report ranks the best and worst U.S. states for retirement based on affordability, quality of life and health factors, with Florida at the top of list and New York and New Jersey at the bottom.

08/09/2021

We’re all doing a lot more online shopping these days. New quarantine sweatpants? Add to Amazon cart. Noise-canceling headphones for your home office? Thanks, Amazon!

Here’s the thing though: You’re probably overpaying.

Categories Save Money 6 Ways to Save Money on Amazon You Probably Don’t Know About Post author By The Penny Hoarder Staff Post date April 8, 2021 Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select ...

08/02/2021

Agree or disagree? Where does your state rank?

Bankrate ranked the best and worst states for retirement in 2021 across five key areas: affordability, wellness, culture, weather and crime.

07/30/2021

Millions of Americans have started investing during the pandemic. And while the market has started to get a bit wobbly lately, stocks are still near all-time highs. So now is actually a really good time for people new to the world of investing to figure out how to get their ducks in a row and their investments set up in a smart way for whatever the future may bring.

Investing in a smart way can get you set up for whatever the future may bring. But where to begin? Here are a few tips for those who are just entering the world of investing.

07/29/2021

When it comes to planning for retirement, it’s important to consider how taxes could gnaw away at your nest egg once you reach your golden years.

The more strategies you can put in place to eliminate or minimize your tax bill, the more money you can leave in your nest egg to continue growing.

07/27/2021

I’m retiring on my 78th birthday, have more than $200,000 in savings and share expenses with my 80-year-old boyfriend. Will I be OK?

Have a question about your own retirement savings? Email us at [email protected]

07/26/2021

The great thing about Social Security is that it's set up to pay you a monthly benefit for life. The not-so-great thing about Social Security is that the benefit you collect generally won't be enough for you to live on by itself.

Social Security will only go so far in retirement. Here are ways to make up for the shortfall, including maxing out your IRA and saving money in HSAs.

07/08/2021

It may help to think of retiring as a separate event from claiming Social Security. Many people link the two, but you can work while claiming Social Security or retire but delay Social Security.

The 8% annual growth is difficult get elsewhere, so planners often urge clients to tap other money first when they retire.

07/07/2021

Do you own a second home that you sometimes use for vacations and sometimes rent out? The IRS wants to know how much time you spend doing both those things, because the answer can affects your federal income taxes.

The IRS wants to know how much time you spend at that old family cabin at the lake.

07/06/2021

Around the country people are not just looking forward to the arrival of summer, but to begin traveling again. After a trying year, restrictions are finally being lifted, leaving many looking for a fun and relaxing getaway.

You don't have to go too far to have a vacation.

07/01/2021

The child tax credit doesn't count as income, so you likely won't have to pay taxes on it either.