Personal Finance

The taxes you pay on your income and purchases can take several forms, including progressive tax, regressive tax, and flat taxes. But what is a progressive tax? And how does it compare to a regressive or flat tax? What is a progressive tax?A progressive tax is when the tax rate you pay increases as your… Continue reading Understanding Progressive, Regressive, and Flat Taxes

It’s likely you’ve heard the term “wealth tax” on the news over the past few years. In the discussions leading up to recent federal elections, some candidates often explained the pros and cons of this tax, in which they proposed collecting from the wealthiest Americans. Let’s take a closer look at what a tax on… Continue reading What Is a Wealth Tax?

If you had to pick one sure set of items that will be on-sale for Prime Day, any Amazon device is a good choice. While Prime Day doesn’t officially kick off until July 12, 2022, you can already save up to and over 50% on select Amazon-made devices like Echos, Fire TV Sticks, and countless… Continue reading The Best Early Amazon Prime Day Echo Deals

Jacob Krol/TheStreet Apple’s fully redesigned MacBook Air is finally up for order, with the first deliveries slated to begin next Friday, July 15th, 2022. And along with a new look that comes in four fresh finishes, it’s also powered by the tech giants’ brand-new M2 chip. In fact, the “MacBook Air with M2” will only… Continue reading You Can Now Order The Redesigned MacBook Air with M2

Consumer spending is the most important part of the economy, accounting for more than two-thirds of GDP. The numbers for May weren’t too encouraging. Personal-consumption expenditures rose only 0.2% in that month from April and fell 0.4% in real (inflation-adjusted) terms. Retail sales, including restaurants and not adjusted for inflation, slid 0.3% in May. “The… Continue reading Consumer Sector: Signs of Strength, Signs of Weakness

The strength of May’s employment numbers surprised many experts, with nonfarm payrolls adding 390,000 workers. The June report is due July 8, and economists expect a deceleration to a gain of about 270,000, according to a Bloomberg survey. That would represent one of the smallest increases during the economic recovery that began in May 2020.… Continue reading Jobs Market: Half-Full or Half-Empty?

Get more for less when you score these desk essentials on sale. The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Prime Day will take place on July 12 and 13, but you don’t have to wait to start… Continue reading Shop These Under $13 Desk Essentials Just Before Prime Day

“Could-have, should-have, would-have” stories are particularly painful when they were easily preventable. Then, self-blame hits hard and sets in. As a tax and financial planner, I compulsively wish for anyone to make informed financial decisions leading to their desired future. Yet, regrets are all too common, especially with health and wealth. TurboTax Live experts look… Continue reading 5 Ways to Avoid Tax and Financial Regrets – CPA Advice