Category: Taxes

Reasons To Get A Tax Refund

This is yet another year that I’m filing my income tax return… I know that this year there is a good chance that I’ll have to pay taxes, so the motivation to do my taxes early, no longer exists as was the case just a few years ago. Most financial advisers will recommend against withholding… Continue reading Reasons To Get A Tax Refund

A Small Startup Business Should Pay No Taxes For Two Years!

I’ve been think about this for a while, and I think that startup businesses shouldn’t have to pay taxes for at least two years after starting a new business. If you read the statistics on small business startups, you’ll read that at least 80% of small businesses fail during the first five years!  Well, no… Continue reading A Small Startup Business Should Pay No Taxes For Two Years!

Why Taxing Dividend Income Hurts The Elderly

Let’s say it’s thirty years from now, and you’ve been a solid middle-income earner your entire life.  You were able to put some money in dividend stocks and mutual  funds that pay a dividend. With your dividend portfolio, you get by fairly nicely.  You might even be able to go on vacation every now and… Continue reading Why Taxing Dividend Income Hurts The Elderly