Post Tagged with: "federal income tax"

Understanding Crowdfunding Taxes

Understanding Crowdfunding Taxes

There are so many fundraising websites cropping up all across the internet. This method for raising money from large groups of like-minded donors has never been more popular. The way it works is very simple. Anyone seeking to finance a wide variety of projects and products initiates a campaign on a website. These include Kickstarter.com or Indiegogo.com. There, they advertise […]






by May 12, 2017 0 comments Taxes
Everything You Need to Know About the Saver’s Tax Credit

Everything You Need to Know About the Saver’s Tax Credit

Taxpayers who are funding a retirement savings vehicle have a couple of ways to benefit from those contributions. They can claim the deductions that are applicable. They can also take an additional credit called the Qualified Retirement Savings Contributions Credit (also known as The Saver’s Credit). It was designed and implemented for lower and middle-income Americans. It was created to […]






by February 7, 2017 0 comments Taxes
Federal Tax Rates and Brackets for 2016

Federal Tax Rates and Brackets for 2016

Ben Franklin once famously said that two things in life were certain: death and taxes. For some the former might be preferable when compared to the never-ending litany of rules, regulations, changes, updates, and general confusion that are part and parcel of the latter. No one enjoys tax season, but since its arrival is inevitable you may as well get […]






by July 8, 2016 0 comments Taxes