State Taxes
Guide
Top 10 Stars With Tax Problems
What happens if you do not pay your taxes? Fines, liens, confiscations, and perhaps even jail time are in your future. The IRS even puts sta...
Guide
In 10 States, the Poor Are Paying More of Their Income to State Taxes than the Rich
One great way to start a fight is to initiate a debate about what constitutes a fair share of taxes. Should they be progressive, regressive,...
Q&A
Asked by j819Martinez
Answered by Sonia Renea, Financial Adviser in Fort Worth, TX
Are you a 1099 employee or W2?
News
Americans Spend More on Taxes than on Food, Clothing and Housing
Every year, the Tax Foundation compares the total amount of taxes paid in America and the amount of spending on the necessities of food, clo...
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Q&A
Asked by vickicastro75
Answered by David Meyers, Financial Adviser in Palo Alto, CA
The IRS will not directly take your state
refund - your state won't send the money to
the IRS. The state will send you a check (or
make a direct deposit). The IRS wi...
Q&A
Asked by sandra.mury
Answered by Deborah Peterson, Financial Advisor in Charlotte, NC
That depends on the type of income it is. Is
it social security income? Were taxes
withheld on any of the income you received?
If yes, then you would need to file t...
News
Tax Revenue Higher Than Recession Level In Most States
The U.S. economy has been slowly climbing out of the effects of the Great Recession, but new milestones suggest that we are finally turning ...
Guide
Tax Freedom Day
Tax Freedom Day is the day when our collective income as a nation is enough to pay our collective federal and state taxes for the year. Cons...
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