With my colleague PK writing about his 2014 savings rate, I thought that I would chime in as well. Using a loose definition of savings, where principal pay down of debt is included in the numerator, I have an after-tax savings rate of 53.42%. Without including principal paydown of debt, my strict savings rate would […]
effective tax rate
CNN recently weighed in with a helpful article for you tax-procrastinators out there. Did you know that in many cases, the IRS doesn’t mind if you file your taxes late? Yes, you guessed it… file late if you are owed money by the Government… most likely you won’t be penalized!