Financial News, Tips & More!
Which Type Loans Will Typically Offer The Lowest Interest Rate?
If you are ready to purchase a home you will need to know what types of home mortgage loans are available and the benefits and liabilities of each for the borrower. Keep in mind that a lower interest rate on a larger loan amount for a longer life of the loan may not compute to the least amount of interest paid out....
What Type of House or Apartment Can I Afford on My Current Salary?
When planning to purchase a home the price of the residence is not the only thing to consider. Do you have enough in savings to cover the expenses involved in a purchase? Do you want to live in a single-family dwelling or do you prefer apartment living? Do you prefer an urban or rural environment or something in...
How To Calculate Federal Withholding Taxes
Federal withholding is based on your filing status, your age, and your annual income. If you are an employee whose employer is responsible for your withholding, the process begins with providing your employer with a form W-4 in January. Documents for filing taxes including earning and withholding information for the...
When Are Federal Taxes Due?
Taxes, the subject everyone loves to talk about. It may be a touchy subject, but it is a necessary one. The filing of your taxes is one of the important things that you have to do every year. Some choose to do them themselves, while others prefer to leave it to the professionals. The staff at Tax Credit Institute are...
How Much Money Can a Retired Person Make Without Paying Taxes?
As a retired person you are allowed to earn as much as you are able to earn. However, how much you earn will decide whether you owe taxes or are exempt from taxes. Unless your only source of income is Social Security benefits you will probably pay taxes. Working with a tax expert will help you plan carefully and...
How Much Do You Have To Make To File Taxes?
Whether or not to file taxes is a complicated question. The most important thing is how much you earn during the year. The team at Tax Crisis Institute is here to help you with your tax filing difficulties. We can answer your questions and will help you through your current tax problems. What you need to know is...
What Is The Difference Between An LLC And An S Corp?
Determining whether or not your business should file as an LLC or an S corp can be difficult. First and foremost, it’s important to understand the fundamental differences between the two. Then, you can weigh your options and make an educated decision. Here are some differences between LLCs and S corps and tips on how...
What Are Capital Gain Taxes?
You made a sound investment in real estate or collectibles and now you’re ready to sell and reap the benefits. Unfortunately, you notice that the return is nowhere near as big as you thought it would be. This is more than likely because of the capital gains tax. Our team here at the Tax Crisis Institute is here to...
What Are the Taxes in California
It is no secret that it is expensive to live in California. Despite the beautiful weather, expansive beaches, and breathtaking views, you will pay a pretty penny on a home, food, and even taxes. Before making any moves out west, it’s important to understand California’s cost of living and, maybe, more importantly,...
When Can I Start Filing Taxes For 2020?
Many people are still focused on the 2019 tax year. With the IRS offering an extension due to COVID-19 which gives people until July 15, 2020, to file, thinking about 2020 taxes seems so far off. But it's not too early to start planning for next year. Our team at the Tax Crisis Institute has information for you to...