In the U.S., taxes are collected by the federal, state, and local governments. By the law, every working individual is required to file tax returns
How to Become Independently Wealthy
Being independently wealthy roughly indicates that you are financially self-sufficient and not dependent on anyone. This certainly is an enviable
The Purpose of Form 4972 and Instructions to Fill It
Form 4972 is an IRS form with stipulated terms and conditions that is filled out to reduce the taxes that may be incurred on huge distribution
Understanding the Concept of Deficit Spending with Examples
Deficit spending occurs when the expenses incurred are more than the receipts. It is usually associated with the government's policies regarding
Closed-end Funds or ETFs: Which is Better?
Both closed-end funds and ETFs are investment schemes having almost similar financial objectives, but are structured differently. The difference
Fiat Money Vs. Gold Standard: Summing Up the Key Differences
The fiat money vs. gold standard debate has been doing the rounds for quite a while. The Buzzle write-up below explains the differences between the
Pros and Cons of Investing in Target-date Funds
There are several dos and don'ts of investing in target-date funds, which can be confusing for an investor. This WealthHow article states the pros and
Understanding the Basic Differences Between Hedge Funds and Mutual Funds
While hedge funds provide maximum returns, mutual funds are less riskier of the two. This WealthHow article has enlisted some vital points for
Pros and Cons of Investing in a Certificate of Deposit
Investing in a certificate of deposit can be safer than other financial options, but it will lock your money for a certain period of time. Here is a