A Good Investment Opportunity For Phil Mickelson
Back in January, Phil Mickelson ... taxes has expired after being in place for two years The phase-outs of personal exemptions and itemized deductions (the "Pease" provision) for taxpayers earning over $250,000 have returned. A new 3.8% tax on unearned ...
Back To School: If You Pay Your Kids An Allowance, Do You Also Pay Uncle Sam?
She wants an allowance. We’ve talked about this before. I love the idea of an allowance in theory but the devil is in the details. The how much ... get them used to the idea that some day, you’ll be handing some of that cash back. But for now, it’s ...
The most tax-friendly states for retirees
“It’s a way of collecting taxes tax on the back end,” Thies said. “I expect that this will be a trend that will continue and it will be interest to see how much traction it will get.” Retirees will certainly benefit in states that follow this tren
How much does our 17 year old need to make before he has to file?
How much does he have ... if his earned income (wages) was more than $5,700; or his unearned income (interest & dividends, etc.) was more than $950. He would want to file a return to get his withheld taxes back in the form of a refund. You would still ...
The Four Pillars of Reaganomics
We all know the taxes, what he did with taxes. When Reagan came into office, the highest federal marginal income tax rate was 70 percent on unearned ... How much do you want in Hugo Chavez's Venezuela, or in Argentina where you can get 30 cents on the ...