by Money Guy | Jun 28, 2023 | Ask the Money Guy, Blogs, Financial Planning
In this highlight, we discuss why you shouldn’t focus on your effective tax rate and how you should approach this topic. Want to know what to do with your next dollar? You need this free download: the Financial Order of Operations. It’s our nine tried-and-true...
by Money Guy | Jun 27, 2023 | FAQ, Financial Planning, Taxes FAQs
Here’s what to consider when calculating income tax. The amount of income tax you owe depends on your income, where you live, and any tax deductions or credits. The United States has a progressive tax system, which means that rates increase as your income goes...
by Money Guy | Jun 21, 2023 | FAQ, Taxes FAQs
We have great resources to help people understand tax brackets. When determining a person’s taxes, there are a couple of different values that are used. These include taxable income, adjusted gross income (AGI), and modified adjusted gross income (MAGI.) The Money Guy...
by Daniel May | May 29, 2023 | Blogs, Financial Planning, FYI by FTE
While tax season is over for most of us, it is never too early to start thinking about next year. If you owed more taxes than you thought, or didn’t get the tax refund you were hoping for, take a look at some of these lesser-known deductions and credits that not...
by Money Guy | Apr 25, 2023 | Blogs, Featured, Podcasts
Tax season is over for most of us, but that doesn’t mean it’s time to stop thinking about your taxes! Planning out your tax strategy in advance can save you time and money on your taxes. In this Q&A, we’ll discuss the line items on your return to pay attention to...
