calculator pen and paper to estimate federal taxes

How to Estimate Federal Taxes

With the end of the year quickly approaching, you might be wondering how to estimate federal taxes. This information will also help you going into a new year so that you can withhold more money from your paychecks if needed so you can avoid having to pay more. The Tax Crisis Institute can help you [...
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Tax Fraud in Nevada and Its Ramifications

Recently, Las Vegas-based realtor and business owner William Waller was charged with different counts of tax fraud. According to the Department of Justice, Waller is guilty of tax evasion, interfering with tax laws, falsifying tax information, not filing tax returns, among other tax crimes. Legally,...
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9 States with No Income Taxes

Ben Franklin famously said that there are only two things certain in life: death and taxes. Taxes are payable in different ways and if there’s a way that pinches the most, it has to be through personal income. No one enjoys it when money is deducted from their paycheck at the end of the month,...
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Tax Debts to the State of California

The state of California has three tax agencies that collect taxes: The Franchise Tax Board, the Employment Development Department, and Board of Equalization. The Franchise Tax Board collects income taxes; the Employment Development Department collects payroll taxes, and the Board of Equalization sal...
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The Ominous Nevada Margin Tax

On the Nevada ballot is an initiative proposed by the teacher’s union to raise funds for Nevada schools. Nevada has some of the worst schools in the country, so the initiative sounds good on the surface – who doesn’t want to help school kids? However, if this tax is passed it will ...
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Breaking California Residency

Everyone is leaving California; few are migrating here. U-Haul charges four times as much for outbound trucks and trailers as in-bound. The state has been run into the ground by a tax and regulatory climate that is the worst in America. Breaking California residency is tough. Just getting a driver&r...
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Tax Debts and Community Property States

California and Nevada are community property states. It is often the case in a marriage where one spouse has tax debts, but the other does not that the husband and wife decide to file separate returns.  The strategy behind this is to protect the innocent spouse from the spouse with tax debts. T...
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Unpaid Taxes Equals Suspended License

Taxpayers in New York State may be stuck in more ways than one following an announcement by the governor of New York, Gov. Andrew Cuomo.  What is the announcement?  All taxpayers who owe more than $10,000 in backed taxes to the State of New York will have their drivers licenses suspended. ...
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States Without Income Tax

Every year, people who live in the great state of New York fork over an average of around $2,000 dollars per person in income tax to their local state government.  This is because residents of the state of New York live in the state with the highest income tax rate in the country. While this [....
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