The Work We Do to Pay Taxes

The Work We Do to Pay Taxes

May 9, 2013

There are two certainties in the lives of every American according to Ben Franklin: death and taxes. (Corporate Americans exempt.) So how much of every working day do we spend working to pay the Man? Source

The Rise of E-Filing

The Rise of E-Filing

April 27, 2013

There was a time when every American mailed their tax forms in come April 15th each year. But snail mail is quickly going the way of the dodo. Track the rise of the trend of e-filing tax returns from 2001 to 2010. Source

Understanding Income Taxes

Understanding Income Taxes

April 5, 2013

Ever wonder what it’s in your tax return and how it adds up? The U.S. tax code is extremely complicated, but this graphic highlights the different pieces of the basic personal income tax return. Source

Need More Tax Time? File an Extension

Need More Tax Time? File an Extension

March 7, 2013

What more fun time in the world is there than tax time? I guess getting a cavity filled perhaps. In all seriousness though, this graphic was created to show everything you could need to know about filing a tax extension, which is something many people end up needing to do. Source

ncaa-sentiment-monday-march-12

NCAA Sentiment on Monday, March 12

February 2, 2013

This explores some of the common misconceptions the general public has about college athletics. For instance, most fans assume that college sports programs are making money hand over fist, but it’s just not true. In fact, in 2009, the median FBS school lost $10 million on its sports program. In addition, half of the top […]

e-filing-environment

An E-Filing Environment

January 31, 2013

E-filing of one’s taxes is on the rise over the years, and it’s a good thing, considering how much of a positive influence it can have on the environment due to all the paper that is saved. Source

A Guide to Child Tax Benefits

A Guide to Child Tax Benefits

November 30, 2012

The Child Tax Credit was extended until 2012 and you may be able to reduce your federal income tax by up to $1,000 for each qualifying child. Check out our Child Tax Benefit Infographic to see if you qualify for this and other tax deductions and credits. Source

IRS Facts

IRS Facts

November 18, 2012

There’s a saying that goes like this: the only constants in life are death and taxes. And everyone knows the IRS is the machine that keeps one of those constants a reality for America’s citizens. While the thought of an audit terrifies most taxpayers, what should really terrify us is the amount of money that’s […]

Taxable Income and Taxes Paid: 1950-2006

Taxable Income and Taxes Paid: 1950-2006

November 4, 2012

A large part of personal income is not considered “taxable” income by the IRS. In the graph personal income (as calculated by the Bureau of Economic Analysis) is around 80% of GDP. This includes all employee compensation + after tax business income + rent + interest + other income but no capital gains. Source

Infographic: International Tax Rate Comparison

Infographic: International Tax Rate Comparison

September 28, 2012

Nobody likes paying taxes but the practice isn’t going away anytime soon. In fact taxes have been around a long time – the ancient Egyptians started taxes to increase the burden on the children of Israel, who were Egyptian slaves. This infographic looks at individual tax rates by country and gives historical facts on tax […]

Employment Tax: 13% of All Audits Win - Avg Refund is 100k

Employment Tax: 13% of All Audits Win – Avg Refund is 100k

September 23, 2012

Most businesses are caught off guard by the IRS with employment tax audits. But, the 13% of businesses that are prepared get a 100k refund on average. Source

The Work We Do to Pay Taxes

The Work We Do to Pay Taxes

August 21, 2012

There are two certainties in the lives of every American according to Ben Franklin: death and taxes. (Corporate Americans exempt.) So how much of every working day do we spend working to pay the Man? Source