How to reduce risk with tax diversification

Tax diversification is a financial term that refers to the allotment of investment money to two or more accounts. It is similar to an asset location which refers to transferring of...

What you need to do after the tax season

All the taxpayers may feel relaxed after the tedious task of filing and submitting the tax papers thinking that you need not worry about tit for a next few months. On the contradic...

Ways to file a tax extension

You need to prepare beforehand to file your tax returns around the end of every financial year. Suppose if you are busy and do not have much time you can request a six-month filing...

Types of taxes in the US

The US tax system is very complex. By understanding the basics, they charge different types of taxes that could be valuable implement for the financial planning. All taxes are not ...

What mistakes to avoid while filing for a tax return?

Tax is a part of money contributed to the state revenue, levied by the government on an employee's/citizen's income or imposed on the purchase of goods. Tax returns are the reports...

All you need to know about income tax returns

Tax payers need to pay taxes at the end of every financial year. Most of them battle around at the last minute to file their tax returns, which can cause a lot of hassles. So, it i...

A brief synopsis on inheritance and estate taxes

While taxes and death, both are inevitable, one might be able to do something about the so-called death taxes, i.e. the estate and the inheritances taxes. Essentially, when a perso...

An overview on inheritance tax

Who knew there would be taxes at the time of death also? These taxes, known by various names such as inheritances taxes, estate taxes, etc. and are collectively known as death taxe...