Why the IRS May Audit You

Why the IRS May Audit You

Why the IRS May Audit You Paying your taxes is an unavoidable requirement for most people wanting to live in society and reap the benefits of government institutions provide. This is why you are required to file your tax returns with the Internal Revenue Service (IRS)...
How to Balance an Investment Portfolio

How to Balance an Investment Portfolio

How to Balance an Investment Portfolio There really is no one correct way to balance an investment allocation. An ideal balance between growth opportunity and risk of loss will vary with each person. Some people will have a high tolerance for risk while others will...
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...