The History of Taxation in the US
If you’ve ever been curious about how much money you’re paying in taxes relative to what other past generations were charged, then you might be surprised to learn just how much they’ve fluctuated over the past century. Here’s a brief overview of the history of taxation in the U.S. and why the rates have changed over the decades.
How are Investments Taxed (and How Can I Minimize Them)?
While many people tend to focus on how much money their investments will produce for them, it can be equally as important to understand how the IRS will tax this income. In this post, we’ll explore the tax treatments on interest, capital gains, and dividends, and then discuss how you can use this knowledge to your advantage.