The world is growing. That’s stating the obvious, but actually I’m referring to the world’s waistline. Countries all over the globe are experiencing an increase in the number of obese residents and the problem appears to continually be getting worse instead of better. In the U.S. alone it has been reported that 38 percent of all ... Read More
Does Donald Trump Hiding Something With His Taxes?
You gotta love this time of year. Football is back, the kids are in school all day and those warm summer nights have turned into brisk fall mornings. Of course, there is that ongoing presidential election thing going on, too. Whether or not you love it, or simply tolerate it, election coverage is at every turn. Each of the ... Read More
Most Popular Sin Taxes And Which States Are Using Them Most?
Ever since man has existed there has been sin. While people sin differently, everyone has their flaws. Even though many taxpayers feel as though the amount of money they lose to the government is sinful, the government on the other hand loves to tax “sin.” Many sins come in the form of vices, products or hobbies that are known ... Read More
Do Americans Really Like Paying Taxes?
It’s a well-known fact that most people in America don’t like taxes, right? No one really wants to give away his or her hard earned money to the government, who may or may not put it to good use. After all, why should the government take such a huge part of a person’s paycheck and arbitrarily spend it on programs and policies ... Read More
Are Sports Leagues Really Exempt From Taxes?
By now, just about everyone in America who is old enough to pay taxes realizes the significance of April 15th every year. Tax day might have as much notoriety as many U.S. holidays, but that doesn’t make it anyone’s favorite day of the year – with the possible exception of accountants, who probably can’t wait for April 15 to ... Read More
IRS Back Taxes Jokes, Funny Pictures and Stories
Jokes that the IRS Doesn’t Want you to Know Get Screwed Every Year There was a man who computed his taxes for 1997 and found that he owed $3407. He packaged up his payment and included this letter: Dear IRS: Enclosed is my 1997 Tax Return & payment. Please take note of the attached article from the USA Today newspaper. ... Read More
7 of the World’s Weirdest Tax Laws
The U.S. tax code is full of idiosyncrasies and there are plenty of strange tax rules at the state level. For instance, if you live in California you won't pay any sales tax on fresh fruits and vegetables you get at the grocery store but buying blueberries in Maine will cost you an extra 1.5 cents per pound. While these laws may ... Read More
5 Weird and Ridiculous Tax Laws
At more than 73,000 pages long the federal tax code hardly makes for light reading. For the average person, trying to navigate the ins and outs of tax law can feel a little like trying to find the proverbial needle in the haystack. Understanding the rules can go a long way towards minimizing your tax liability but only if you ... Read More
Unusual Tax Deductions You Might Be Missing Out On
Claiming certain deductions can lower your tax bill and put more money back in your pocket when it’s time to file. While most taxpayers are aware of the benefits of itemizing for things like mortgage interest and charitable donations, there are some less well-known deductions you could be missing out on. If you’re looking to get ... Read More
10 Tax Facts That Will Shock You
America is becoming the land of taxation even though it was founded to avoid taxation. Each year the tax code gets more and more complex in order to fund new government programs, fund existing government programs and to find an optimal taxation formula to collect the most tax revenues. With taxes rising in 2013 individuals hope ... Read More
History of the Beatles Taxman Song
Taxes are a necessity to pay for government programs in different nations, but the rates of taxation are historically a hot-button issue. In 1966, the Beatles released a song that exuded frustrations with taxation on the middle class entitled “Taxman”. The song itself was based on member George Harrison’s personal frustrations ... Read More
10 Fun & Interesting Tax Facts
The history of income tax in the United States is an interesting one; with many changes along the way to how income is taxed and even changes to what is considered income. Benjamin Franklin said it best in a letter to Jean-Baptiste Leroy in 1789: “Our new Constitution is now established, and has an appearance that promises ... Read More