What is Federal Income Tax?

What is Federal Income Tax?

What is federal income tax? There are numerous types of taxes that most working people end up having to pay. These taxes can be levied by the government at all levels from local to federal. The income tax is one that is levied by the federal government each year on...
Setting Up Trusts to Protect Wealth

Setting Up Trusts to Protect Wealth

Setting Up Trusts to Protect Wealth Trusts are accounts that act as legal entities. These accounts are used to transfer wealth and assets from one person to another. The person who owns assets (grantor) puts them in the trust and gives control to another person...