An old expression tells us that there are two certainties in life: death and taxes. While that is certainly an exaggeration, most people can appreciate the financial weight that taxes put upon them. In this infographic, ForRent.com provides a breakdown of some of the highest and lowest rates in the U.S., and why the scales of taxation aren’t always balanced across state lines.
With tax day just past us, check out this infographic before you cringe at the numbers. While we are always quick to complain about taxes, it is interesting to see how other countries compare. Also, wonder about some of the most bizarre taxes out there? This infographic depicts some of the strangest taxes of all time, such as Russia’s old tax for having a beard.
Taxes can be a pain, especially for small businesses. Check out this infographic presented by Masters-in-Accounting.org to learn about how to deal with taxes properly.
The online trading academy has created a list of mistakes that most investors and traders make when they file their taxes. When filing their taxes they always have special challenges that they are faced with and these mistakes are common. The list of mistakes below are from an affiliate of trading academy called Tax Pros. View the infographic below to learn the top 10 mistakes you as an investor or trader need to be aware of.
efile.com has created an infographic showing some of the weird and unusual taxes we have had over the years. Even though we know it’s certainly not unusual to be taxed, we all know there has been some crazy taxes that they have come up throughout the years.
Obamacare is back and comes with taxes! With the launch of coverage under the health care law this year comes a new set of taxes that the government hope will help pay for the program. While a few of the changes directly affect the average American, everyone should new about the changes that come with the new law. For an overview of the new taxes, check out the following infographic.
What is a 1031 exchange? In this infographic you will learn how to defer your capital gains taxes utilizing a 1031 exchange, what kinds of properties qualify for 1031, what the basic 1031 rules and time limits are, and how to benefit your heirs by stepping up your basis.
How much are you paying in tax towards pleasure products like alcohol, cigarettes, gambling and marijuana? This infographic gives you an idea how much you would be paying for these items if tax was excluded from the price.
How much does your sin cost? A sin tax is added to products or services that are considered to be unhealthy. Check out the infographic below to learn more about sin taxes.
Who doesn’t love tax deductions? However, there are some quite bizarre tax deductions out there. Check out the infographic below to learn about them.
This infographic from provides a brief history of the U.S. government’s misadventures, mishandling and misuse of your tax dollars. If you are not already from reading that statement, read on because you will be soon enough!
In this infographic from Master of Accounting Degrees, see how American feelings on taxes have changed over time, especially with all the recent IRS scandals.
The federal income tax was instituted in July of 1861 to help the government fight the Civil War. After patriotically paying our taxes we may dread the possibility of being audited. Do not fear! In actuality the odds are pretty slim. The following infographic is chock full of information and stats related to audits such as – types of audits, number of audits performed per calendar year, and more.
More and more companies are stashing their cash offshore, and they’re doing it at alarming rates. Why? Put simply, it’s about eluding the tax man. Learn more about the tax havens of the wealthy and powerful in the following infographic by Online Accounting Degrees.