How to use tax refunds wisely
Tax refunds are the amount the government pays back to a business or individual when the tax paid is found to be higher than the actual tax amount that they are liable to pay. Most people look forward to this annual payout as a bonus that is a bit of extra money or disposable income […]
Important facts to know about income tax
Income tax is the principal source of revenue for the federal government. It is administered by the IRS or the Internal Revenue Service, and almost all citizens of the country are required to file a tax return every year with the IRS and pay taxes throughout the year. These taxes are in the form of […]
Know about tax refunds and benefits
As responsible citizens of the country, one is entitled to perform a list of duties. A country can perform effectively only when these duties are executed adequately. One should remember that every step taken by local, state, and federal governments requires funds. The country has a pre-decided percentile of tax that needs to be paid over […]
Municipal bonds – How are they taxed
Bonds are a type of debt obligation issued by corporations or government agencies. In simple words, it is a loan that an entity needs to raise money for new projects, sustain existing operations, or pay off any debts. So, if an organization issues a bond to an investor, they are borrowing money from them which […]
Reduce your tax liability using tax benefits
Time to file your tax returns? Make it a happy exercise by using tax benefits to bring down the taxable amount. You can use deductions, exemptions, and tax credits to legally reduce your income tax liability. Reduce your tax liability Your task of filing taxes becomes easier if you keep a record of all your […]
Tax regulations on different types of bonds
Adding bonds to your investment portfolio can be a smart move, mainly because of two reasons. First, bonds can bring stability to your portfolio if it mainly comprises of volatile stocks. Second, bonds offer a regular source of income. But like any other form of investment, bonds are not perfect, especially when it comes to […]
Best investment platforms for beginners
When it comes to investment for beginners, one of the biggest concerns is picking the right source of investment. The core definition of investing entails trading money for higher returns in the future, but, conventionally speaking, we often use the term to refer to the stock market and investment tools like bonds, stocks, and mutual […]
Busting the myths related to dividend investing
There are numerous myths related to finance and dividend investing. Right from the notion that beating the trend is just impossible to dividends not being helpful with taxes, there are a number of myths that surround the topic. The following is a list of the most common myths related to dividend investing and the actual […]
Investment ideas for beginners
Investment ideas provide efficient ways of investing money for gaining profits. Generally, these ideas come from the advice and expertise of an experienced investment advisor. These advisors provide or recommend various investment policies after analyzing an individual’s financial circumstances. There are many experienced portfolio managers who build investment portfolios based on an individual’s needs. Investment […]
Useful tips for beginners investing in the stock market
Investments are an intimidating concept and the stock market can be an extremely volatile environment for beginners. However, it should not discourage you from investing in it altogether as in time, you will understand how the market works. It may not be possible to figure out the ins and outs in a couple of days. […]
How to get the best out of dividend investing
Dividend Investing is a type of investment that has great potential to earn a significant sum of money over the long term. In this type of investment, investors buy stocks of companies that offer to pay stockholders a portion of their profits called a dividend. Younger companies that use their cash to reinvest and grow […]
A guide to dividend investment
Dividend investing is a great way to generate a stable income and grow your investment portfolio. Investing a small amount in an established company will help you get increased return dividends with the passing of time. All the dividend stock companies tend to be more stable and mature when compared to other non-dividend paying counterparts. […]
Top 5 rules for a successful dividend investment
Investing your money in stocks that pays a regular dividend is a good way to ensure a stable flow of income. Although there are some risks, returns after investing in these stocks are high. However, in order to select the best company in the stocks market, you have to be careful and learn some basic […]
Understanding dividend investing in the country
Purchasing shares is one of the best ways to invest funds to allow them to multiply quickly. Investing in shares has been considered a lucrative investment option that works largely according to a company’s performance over time. Although this option has high risks, the benefits and returns also increase with the increasing risks. Shares are […]
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4 reasons why you should have a workers’ insurance
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Types of direct and indirect taxes
The study of direct versus indirect tax is an extremely important part of economics. Both direct and indirect taxes have various different types under their respective classifications, and this article lists some of them. Types of direct and indirect taxes Direct taxes are paid directly to the government by an individual or an organization, and […]
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Top differences between direct and indirect tax
Tax is what people call a financial obligation. It is a fee that is charged by the government and is applicable on income, goods, services, and other activity. The reason tax is charged is because it is the main source of revenue for the government. They are broadly categorized into two main forms: direct taxes […]
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