In 2013, over 50% of all Americans will receive a tax refund. The majority of those receiving a tax refund claim that they will use it to pay off debt. Somehow, we have associated a refund with something positive, while owing taxes is perceived as something you should avoid at all costs. This misconception is […]
The Fiscal Cliff [Infographic]
November 2012 By 5 Comments
Today’s financial infographic deals with a VERY important issue facing the nation this year – the fiscal cliff. By the end of 2012, several tax cuts are set to expire while other tax increases are set to begin. The temporary payroll tax cut will end (2% reduction in take home pay), certain breaks for businesses […]