income tax

Tax Tips for the Unemployed

Being unemployed is rough enough, but it makes the annual ordeal of paying taxes even more challenging. The biggest problem is that many people who were unemployed in the previous year simply neglect their taxes. “Many taxpayers …

Are taxes at a 60-year low?

This USA Today article, which talks about the average personal tax rate being at a 60-year low, is getting a lot of attention. The conclusion is pretty fascinating:

Americans paid their lowest level of taxes last year since Harry Truman’s presidency, a USA TODAY analysis of federal data found. Federal, state and local taxes — including