Tax Drag: What a Drag it is Getting Taxed
Do you know your tax drag? Learn what tax drag is, how to calculate it, and how to minimize it.
Do you know your tax drag? Learn what tax drag is, how to calculate it, and how to minimize it.
PIMD shows that state taxes DO matter, especially if you are going for early financial independence.
Today's podcast #39 answers questions from readers and listeners.
A doctor can expect to pay between 15-37% tax on long-term capital gains & qualified dividends in her taxable account. Physician on Fire thinks you should have a strategy in place to reduce or completely eliminate those taxes.
How does the new TCJA tax law affect doctors and other high earners? Will your taxes be going up or down? Get the straight scoop here, but leave the politics behind.
[Editor's Note: This is a guest post from Preeti Shah, CPA, CFP. Preeti is the owner of Enlight Financial MD where she does financial planning for physicians and is an advertiser here at The White Co...
There is a Tax Industrial Complex out there, and it is lying to you. Here are the 8 most common lies.
While being overconfident is obviously a bad thing, being underconfident can be an expensive mistake too. Get a grip on yourself and realize that you know a lot more than you think.
The new tax bills in Congress are being vilified as tax cuts for the rich but that's not necessarily true. Let's look at how these proposals would actually affect the high-income earner.
Whitney learns that she overpaid her taxes, that she is not actually self-employed, and how to file an amended tax return
Taxes can be ridiculously low for early retirees who understand the tax code. In fact, a $0 tax bill on over $100K in spending money is entirely possible.
Whitney had to pay taxes this year for the first time. So I figured she should do her own taxes. And that she should write a post about it. Don't worry, she was well-paid to do so.
Want a massive tax break? Retire early. Retirement income receives much better tax treatment than earned income.
I paid a lot of taxes for 2016. But the IRS, Turbotax, and a knowledge of the tax code at least helped minimize the amount of time I had to spend doing so.
Physician on FIRE talks about correcting his poorly thought out taxable portfolio. Luckily, his charitable desires helped him out in his dilemma with the tax man.