“The hardest thing in the world to understand is the income tax.” - Albert Einstein, physicist. Well! It may be connected to his theory of relativity but, being a physicist that he was, he didn't think of the U.S. tax system in reverse. It would have been a lot easier for him if he understood two things:

  1. The more you make, the less you pay - ever heard of loopholes?
  2. The less you make, the more you pay - never heard of loopholes?

Filing tax returns, for some, is like going to the dentist. If you have flossed once a day and brushed twice a day regularly, then going to the dentist should be a breeze and not something to dread upon.

So keep records of all your income and expenses. Figuring out your tax returns should be a breeze as well.

Always remember this golden rule:
You earn your money in pre-tax dollars but you spend them in post-tax dollars.

Don't try to fool IRS

Al Capone was not sent to jail by Eliot Ness
Al Capone was sent to jail by IRS

How to Make Money with Your Tax Return - INFOGRAPHIC











Australian tax calculator


Tax Menu








How Your Family Can Avoid a Financial Tax Penalty

Saturday, November 21, 2020, 6:00 AM | Leave Comment

Governments have collected taxes for centuries. It’s the way they were able to maintain their infrastructure and provide services to their citizens. It’s not any different in the United States of the 21st century. In 2017, 143 million taxpayers filed their returns on or before April 15th. They reported close to two trillion dollars in […]

Five Easy Ways to Get Tax Benefits in 2021

Saturday, October 31, 2020, 6:00 AM | Leave Comment

Though 2020 has lasted several years, it will be over in a few months. That means the 2021 tax season is right around the corner. It also means potential headaches for filers. Due to the pandemic and other events, many have lost their homes and jobs. They’ve relied on unemployment insurance, Lost Wages Assistance (LWA), […]

How to Keep Your Taxes Organized and in Order Throughout the Year

Monday, October 26, 2020, 6:00 AM | Leave Comment

Each year, you must submit an income tax return to the federal government, and in some cases, you may be required to submit an income tax return to your state tax agency as well. Generally speaking, staying organized throughout the year can make it much easier to fill out required tax forms easily and accurately. […]

5 Things You Can Do to Get a Better Tax Deduction

Tuesday, April 7, 2020, 6:00 PM | Leave Comment

No matter if the date is around April 15 or later in certain situations, taxes always need to be paid. This means compiling your W2s, 1099s, and other income and tax information. The main goal of payers is not to owe. The even bigger goal is to break even or get some money back. Here […]

Top 3 Tax Planning Strategies

Thursday, April 2, 2020, 6:00 PM | Leave Comment

Tax planning should be an essential part of your financial life. By doing your research and staying organized, your personal tax situation can be leveraged so that you receive the best possible returns and deductions. By engaging in consistent and well-constructed tax planning, you can efficiently manage your deductions, liabilities, and remain within a legal […]

5 Great Services to Help You Finish Your Business Taxes

Sunday, March 8, 2020, 6:00 AM | Leave Comment

No matter who you are, where you are from, and what you are doing, you cannot escape taxes. If you own a business, the tax filing process is a little bit more complicated. In general, business taxes can be broken down into federal, state, and local taxes. The most substantial part of your income tax […]

Great Tips for Tackling Tax Season When Your Returns are Complex

Monday, March 2, 2020, 6:00 AM | Leave Comment

There’s nothing like the feeling of accomplishment that comes when you finally complete your federal tax return. Getting to that point, however, can be quite an uphill battle, especially if you have a complex return. Fortunately, with the right preparation and assistance, finishing your taxes doesn’t have to be an overwhelming feat. If your tax […]

Expert Tips On Working Holiday Tax Returns

Wednesday, February 5, 2020, 6:00 PM | Leave Comment

Work with travelling, sounds fun right? You may get a lot of work opportunities when travelling around the world. Yet, working across the Globe is all exciting until the boring part comes. No matter how temporary is your stay, you can’t avoid one thing. Yes, you guessed it, The Tax! We all are travel adventurers […]

A Handy Guide To Hiring The Perfect Tax Relief Expert

Friday, January 3, 2020, 6:00 PM | Leave Comment

Choosing the perfect tax relief agent is undoubtedly a challenge. However, if the right steps are taken, it will not be so difficult. All one needs to do is identify the signs that stand as the sure mark of reputation, competence, and quality. But indeed, this is easier said than done if one has never […]

Get Ahead: How To Prepare For Tax Season Early

Saturday, December 21, 2019, 6:00 AM | Leave Comment

Time passes at a rapid pace. A new year begins and ends in the blink of an eye. As you reflect on the year gone by and the new year ahead, take time now to also consider the approaching tax-filing season. Following these four suggested tips may help reduce your tax-filing stress and provide you […]