In this article, we'll continue the approach taken in the past, explaining the significant income tax changes in 2018. That discussion will include changes to Social Security and Medicare, federal income tax standard deductions and exemptions, mileage deduction rates, earned income credits, Hope and Lifetime Learning tax credits, in addition to changes to retirement accounts such as the 401(k), 403(b), IRAs, and Roth plans.
The money owed on purchases can be confusing due to differences in state sales tax rates. Adding to that confusion is the World Wide Web, which makes purchasing merchandise from a company doing business in another state an everyday affair.
Active return... refers to the gain or loss on an investment portfolio as a result of active management decisions. A fund's active return is the percentage gain or loss relative to a benchmark index.
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Consumer Debt Statistics: The latest statistics from the Federal Reserve indicate consumer debt in the United States continues to increase, reaching nearly $3.9 trillion in June 2017. According to statistics published by the Census Bureau, that works out to over $11,970 in debt for every man, woman and child that lives here in the United States.
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Highest Paying Jobs 2016: In this article, we're going to provide several lists of the highest paying jobs in America, as determined by the U.S. Bureau of Labor Statistics. We're also going to slice and dice that data several different ways, revealing some interesting trends in the information.
