You may have heard the term “tax shield” once or twice, especially during tax season, but what does it mean?
Posts by Laron Gray:
Lottery winnings can be a life-changing event, but there’s much more to consider than just the potential for a windfall.
How are bonuses taxed? There could be two ways, either percentage or aggregate. Learn more in our blog.
How is overtime taxed? It depends on how your salary is paid, and what tax bracket you fall into.
How can you avoid the gift tax? It most likely doesn’t apply to your situation, unless the gift exceeds $16,000.
Do renters pay property tax? Find out if you pay property tax in addition to your rent, or as part of your rent in this blog from Diversified Tax.
How is commission taxed? Find out how the IRS treats commission jobs in this blog from Diversified Tax.