A flat tax rate system is a type of tax system that uses a single constant marginal rate, which is typically applied to corporate or individual income. A pure flat tax would be proportional in nature, but implementation of a flat tax often happens progressively, or occasionally regressively depending on the various exemptions and deductions […]
Read MoreWhen you get a nice tax refund, it can be tempting to go out and blow the money on something fun. It can be very difficult to resist a spur-of-the-moment spending decision when you have what feels like a sudden windfall of cash, but there are plenty of ways you can make smart financial decisions […]
Read MoreThe tax code has always been a difficult thing to understand for many Americans, and the recent passage of a new tax bill has served to further muddy the waters for a lot of people. Whether you file taxes on your own or you get help from a tax filing service in Des Moines, IA, […]
Read MoreIf you’ve been paying attention to news over the last several months, you have probably caught some of the headlines having to do with the new tax bill that has been passed into law. With so much coverage of the new tax bill, both negative and positive, it’s challenging to really get to the bottom […]
Read MoreAs you prepare your income tax return paperwork this year, it’s important to make sure you’re applying all of the deductions and write-offs you can to maximize your savings. Here are a few of the tax deductions you should not overlook, as they will give you a chance for some big savings. Talk to your […]
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