Articles for tag: Tax Act

Qualified Versus Ordinary Dividends

With stock market investments, it is possible to earn hundreds of dollars in dividend payments each quarter. With this money, you can provide for everyday expenses, purchase big-ticket items, or reinvest cash back into the market to purchase more assets. Taxes on dividends, however, will slow the wealth creation process. When estimating your tax bill, ...

Karla News

Reaganomics: An Overview

President Reagan had inherited an economy with high inflation and unemployment from the previous president so the implementation of Reaganomics in the 1980’s was necessary to boost the economy, bring down inflation, and accomplish his goal of helping business to grow as economic growth resulted from the tax cuts (Its Remarkable 1). Reagan inherited problems ...

Karla News

Top 5 Online Tax Services

When tax season rolls around people are often excited about the money they might receive as a refund, but the thought of actually filling out the tax forms may seem a little scary. Filing taxes is easier now that it has ever been thanks to all of the different programs that are available to help ...

Karla News

The Economics Behind Marijuana and Its Illegality

Marijuana is one of the most commonly used illicit substances in the United States. However, the history of the drug is ripe with controversy ranging from its use to its illegalization. To truly understand the situation regarding marijuana it is only proper to look at the root of the controversy surrounding it. Once the 1930s ...

Tax Preparation Tips for 2011 Tax Season

Frayed nerves are beginning to occur in Americans every where. That’s right, tax season is upon us yet again. 2010 is long past us, and it doesn’t have to haunt us into the new year with tax season approaching us. Taxes are apart of our lives on a daily basis. They can bring very stressful ...

Karla News

Do You Have to Pay Income Tax in India?

The Indian Income Tax Act runs into 298 sections with a lot of notifications, amendments, rules and circulars thrown in. For a layman, all this can be quite daunting and it’s quite pointless ignoring it or wishing it to go away. This series is intended to simplify the everyday experiences with income tax and encourage ...