Taxes Fincap Fridays

Tax Facts

While many people have different opinions on whether taxes are too high or too low, before taking a side you should learn the basics on how taxes work.

Check-Up On Your Paycheck!

It may seem that Americans pay taxes on one day in the year, but they are actually paying it every time they get their paycheck. This causes a lot of confusion about whether or not you will receive a refund on tax day.

That's Gross!

It's important to check your paystub, as over 50% of workers in the US have had an issue with it at some point in their career. Look for any deductions and work benefits to make sure everything is right.

Reason for the Season

The amount of money donated to charity in the US dropped since the new tax laws no longer give tax benefits for donating to charity. There are still reasons to give to charity that benefit yourself, like increasing happiness.

Powerball Tax Bill

A single winning ticket sold in the state of California got Monday night’s record multi-billion dollar Powerball jackpot. However, the lucky winner faces a hefty tax bill and will take home much less than the headline prize!

Tax Tips for Teenagers

From the standard deduction amount to new rules for e-commerce sites and payment platforms, there's a lot to keep track of with tax changes! More often than not, they have an impact on working teens, so it's critical to keep up!