Taxes Part 2 of 4: Federal Income Tax Explained

It is mandatory that all Americans pay their income taxes each year. It is a lengthy process that can be explained in a few steps. Determining Taxable Income: Taxable income is the net income after deductions that income tax is computed. Not all income is taxed. Your total income (gross income), can include the following: …

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7 Steps Towards Budgeting

The United States is a market economy. We live in a consumer culture, where the economy is focused on the selling of consumer goods. This makes saving and budgeting difficult since most people are impulsive to spend. Therefore, before anything else, the most crucial step to becoming fiscally responsible is to learn self-control. The sooner …

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Taming College Tuition

Congratulations! After 4 long years of high school, you’re officially college bound. Getting into college is a huge accomplishment. College shapes you to become the person you aspire to be. Unfortunately, those aspirations come with a price – a very high, intimidating price. The cost of college tuition has skyrocketed and will continue to do so. …

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