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Economic Troubles Ahead? Clean Up, Save Up, Understand & Review
Whether you prefer hands on investing or hiring wealth managers, start saving money and protect your portfolio. Healthy cash reserves cover 12-24 months of living expenses, but 6 month reserves is a great start. Most importantly keep an eye on your investments and make smart moves with your money. John Riley, AIF from Cornerstone Investment Services is worried […]
Tax Day Freebies
While tax day might be a terrible day for some, there are some freebies out there that you can take advantage of. Read more here…
Iggy Azalea Tax Troubles & Tips For Paying Off The IRS
Pop singer Iggy Azalea has skirted confirming rumors of IRS troubles to the tune of $400,000. Iggy recently tweeted @IGGYAZALEA “The IRS gave the option to pay them monthly or lump sum. i picked monthly, who wouldnt?” Great question Iggy. Read below for facts regarding late payments, installment agreements and tips for taxpayers who owe the […]
Best and Worst Job Prospects Per Industry
While the government talks about low unemployment figures, there is strong evidence that a lot of people have left the work force thereby artificially lowering the unemployment rate. Before you consider taking on a new career take a look at the following Economic Policy Institute graph illustrating unemployed vs job openings per industry.
IRS Urged To Improve Corporate Tax Collections
Per the guidance of Senate Finance Committee ranking member Ron Wyden, Oregon-Dem, the IRS is being urged to establish a better system of collecting corporate taxes that are owed, but not paid. Wyden hopes to improve the collection of corporate taxes and is leading an investigation into the IRS collection efforts during next weeks budget hearings with the U.S. […]
California’s “Jock” Tax Explained
Better listen up Cam. California, like many other states, taxes a percentage of professional athletes’ income from “duty days” in the state. Duty days are days services are performed under contract during the pre-season, regular-season and post-season. Each state will get a pro-rata share of the professional athlete’s annual income allocated by duty days performed in […]