ADVERTISEMENT

Financial planning

What Is the Alternative Minimum Tax?

What is the alternative minimum tax, and how do I know if I owe it? The alternative minimum tax, or AMT, is an income tax levied by the U.S. government on certain individuals, corporations, estates and trusts and was intended to prevent wealthier...

What Lifestyle Can You Afford on $50,000?

Median household income in the United States has hovered just over $50,000 for the past few years, according to research from the U.S. Census Bureau. But $50,000 a year may translate into a completely different lifestyle in Oklahoma City than it...

6 Tax Tips For the Divorced

Statistically speaking, about half of marriages in the US end in divorce. This means that it's a reality that many people face. You have to deal with a lot during a divorce, not to mention more complicated paperwork during tax time. Read these...

15 Tax-Saving Steps to Take Now

With the end of the year quickly approaching, you are probably focused on finalizing travel plans and squeezing in last-minute holiday shopping. There’s a good chance that the last thing on your mind is tax planning. However, now is the time to...

Should You Buy or Rent?

These days, you can rent nearly anything — but should you?

8 Ways Your Upbringing Can Affect Your Money Habits

Whether we realize it or not, how we were raised has a tremendous impact on how we make decisions as adults. Sometimes the results are positive, certainly. But other times the results are detrimental to our well-being, especially when it comes to...

What Is My Tax Bracket?

What is my tax bracket? Your tax bracket determines the rate at which your income is taxed. How much of your income is taxed depends on your state of residence and filing status, which may be as single, married filing jointly (or qualifying...

How the Government Shutdown Affected Me

This government shutdown may have lasted just 16 days, but the effects will be felt much longer. Economists estimate the cost of Congress’s gridlock — over funding government obligations as well as basic services — has already run well into the...

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

© Copyright DailyWorth 2014