Colorado residents currently pay an income tax of 4.63 percent. In contrast to the progressive income tax systems of the federal government and many states, Colorado has a “flat” income tax system, which means higher earners do not pay proportionately higher income tax rates. Voters of the state, however, may …
Read More »Raiding your retirement account to repay debt and avert the risk of filing bankruptcy
By: Trenton Fortes When you owe a mountain of credit card debt, is it better to file bankruptcy or take help of the professional debt relief options or raid your retirement fund? This is a million-dollar question asked by the debtors who are saddled with debt but yet don’t have …
Read More »The Current State of International Corporate Taxation
Bill Perston Summer of this year, The New York Times published an excellent short article by David Leonhardt concerning the American corporate tax system and the potential for its reform in the near future. One of the key points in the piece is the remarkable variation in the corporate tax …
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