To make sure you are keeping an important tax record for the right amount of time, I created a short quiz to test your knowledge.
Category: Taxes
As the saying goes, the only thing you can count on in this world is death and taxes. No one likes paying taxes, but if you plan to stay out of jail, you have to come clean with the IRS. While we all must pay our fair share of taxes, there’s no reason that you should hand over more of your hard-earned wealth than necessary. In the articles by our experts, you can learn how to slash your tax obligation, learn which investment vehicles protect your earnings from the taxman and what changes are coming to our tax code that could impact what you pay to the government. Check out the articles below to learn how to protect your wealth from the government’s greedy hands.
The Exit Tax Puts a Death Grip on Your Money
Many talented citizens of France, the U.K., the EU and other welfare states are going where they and their capital are treated best. But exit tax reform should start here in America.
Tax Reform: The Devil’s in the Details
The details about tax reform are only now becoming clear. When it comes to warnings, however, better late than never … especially when your money is involved.
12 Insanely Profitable Tax Moves to Make Now
Here’s my Dirty Dozen list of tax steps you can undertake before December 31 to wring the maximum amount away from Uncle Sam before the law changes in 2018.
Congress Is Coming After Your 401(k)
Uncertainty surrounding tax-advantaged retirement plans means you need to look at alternatives as a matter of urgency.
The Massive Tax Credit You’re Missing
There’s a tax credit that could substantially lower your tax bill … as well as another bill that’s just as hard to avoid.
Offshore America
The anti-offshore crowd of high-tax, deficit-spending politicians are trying to smear Nevada and other states as international money laundering centers.
Taxes Are Your Money
As you’re filing your taxes this year, keep in mind that decisions about tax rates aren’t the only thing that can affect you.
America’s Tax Haven
For two years, I’ve thought that taking advantage of Puerto Rico’s tax decrees might backfire. But I’m now convinced that’s not going to happen.
Higher Taxes Are Coming
We all love the idea of robots making our lives easier. But how does government function when worker income taxes disappear? Where do consumers derive their income?
The Pitfalls of Corporate Tax Reform
A few weeks back, my father, Banyan Hill’s own Bob Bauman, took me to task for something I’d written in Sovereign Investor Daily (not for the first time, either). I’d said, in regard to the American tendency toward harsh judicial punishment, that “we like it that way.” “Who’s this ‘we,’ Lone Ranger? Count me out, […]
Prepare for Brain-Dead Corporate Tax Reform
“Pass-through” companies — LLCs, partnerships, S corporations, etc. — comprise 95% of all U.S. businesses, and they’re about to be smacked with brain-dead corporate tax reform.
3 Tips to Avoid Tax Season Scams
Tax season is quickly approaching, and that means one thing: the return of scammers determined on seizing your wealth. Follow these tips to avoid being a target.
Pay No Income Taxes … Legally!
Everyone dreams of (legally) avoiding the IRS. And now you can: There’s a little-known way you can avoid the IRS and pay no income taxes … safely and legally.