Category Archives: Taxes

5 Ways To Beat Taxes

Winston Churchill said, "We contend that for a nation to try and tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle." Unfortunately, many of our government officials today don't see it that way.  Now don't get the idea that I'm against taxes.  I agree…
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Why Inflation Is Your Enemy

Everyone knows about inflation, right?  It's causes the prices of things to go up over time.  When you're in your working and saving years, this isn't a huge deal and isn't always very noticeable.  Why is that?  Because while you're working, your pay is most likely going up every year, often at a rate greater…
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How Tax Law Changes Will Affect Your Charitable Giving Deductions

The 2018 tax law changes still allow you to deduct charitable donations, but due to some differences in the new law, many of you will no longer benefit from your charitable donations.  The standard deduction for a couple is now increased to $24,000.  This means that it may be in your best interest to take…
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2018 Tax Brackets

This was a great article from Business Insider on how the tax brackets will be different this year. President Donald Trump signed the Republican tax bill into law at the end of December. 2018 tax brackets have been changed under the new law, and are in effect starting this year.  There are still seven income tax brackets, but…
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