Collection of Infographics
There is nothing more permanent in life than death and taxes. It is a reality that people have to deal with every year. Whether you’re gainfully employed, running a small business, or an owner of a large company, you still have to file the necessary taxes come tax season. It helps to always have your books balanced so you don’t rush with all the computations […] Read more »
An overview created to help those without an economic background understand this dense and complicated topic. This infographic covers tariffs, free trade vs protectionism, Trump’s motivations and potential impact. Read more »
The allure of working from home, managing your own schedule and hitting “snooze” without dire consequences makes freelancing a viable career option for many Americans. In fact, this trend has gained popularity among both established professionals and those just entering the workforce. However, despite those perks, an unavoidable drawback remains––filing taxes. Although this yearly headache can drain the wallets of freelancers everywhere, this guidemap will […] Read more »
Staying in compliance with the Internal Revenue code during tax time takes patience. The tax preparation burden on business owners grows each year, with increasing regulations and costs. According to the NSBA Small Business Taxation Survey, almost one half of small business owners spent over $5,000 on federal tax administration. This results in one in three business owners thinking that tax complexity is a critical […] Read more »
The Online Trading Academy in conjunction with their affiliate company, Tax Pros has created a list of common mistakes that many investors and traders make when they file taxes. The US tax code is a very complex book with over 1,999 different publications and tax forms. Despite the complexity of the various tax forms that is no excuse to not stay in the IRS’s good graces by knowing the […] Read more »
Even though it’s not unusual to be taxed, you may not be aware of all of the weird and unusual taxes placed on some throughout the years. Thankfully, most of them have already been repealed and let’s hope they stay that way. The early Romans charged a pee tax because of the ammonia in urine that was a key ingredient to a lot of chemical […] Read more »
CarMax has put together a infographic and survey that shows how Americans will spend their tax refund in 2014. This infographic states that of those Americans expecting a tax refund, one in six are likely to buy a car. It also found that of the regions in the US, the Midwest is best at filing taxes in advance. Read more »
For businesses small and large, the number of customer and employee data breaches is on the rise. The increase of hacking technology in turn increases the concern to secure sensitive customer data for standard business operations. For businesses tax filing, the IRS is taking every precaution to fight identity theft and protect recipient data. The IRS identified a 78% increase in tax identity-theft incidents from […] Read more »
The Affordable Care Act is likely to change the way modern healthcare looks, but what about the taxes that come with it? Obamacare is designed to make healthcare coverage available to everyone, but with the affordable prices over 20 new taxes will be introduced to Americans to offset the costs. Over half a trillion dollars in taxes to be exact. I’m all for affordable healthcare […] Read more »