Tag: finances

What If….?

Income taxes were increased to 70% or more? This may be more of a reality than some people think. Many young people have only lived under relatively low tax rates, but some of us remember the burden of high progressive tax rates. [see chart here:] fed_individual_rate_history-june2010 Would you know how this would...

Early thoughts on 2010 tax filing

As I started organizing for my annual 1040 meeting, my A.D.D. kicked in so I’m sharing some tidbits with anyone who “just had to know the latest IRS confoundings”… Did you know that this year’s filing deadline is April 18th? It’s due to an obscure holiday observed in Washington...