This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why is it important to understand how taxes impact your personal financial planning? (Read 154 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Apr 12, 2019

Why is it important to understand how taxes impact your personal financial planning?


◦ Taxes paid reduce your net income and cash flow available to save as well as the returns on your investments.
◦ Not paying taxes can result in penalties and jail time.
◦ It is not that important since savings are not taxable.
◦ It is only important if you are in a 25%+ tax bracket.
Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by roselinechinyere27m on Apr 12, 2019

firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Apr 12, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Apr 12, 2019
TY


firehawk60

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Apr 12, 2019
You're welcome


« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Sharing patient information with colleagues is an important nursing role Sharing patient information with colleagues is an important nursing role
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
The Global Impact of Climate Change The Global Impact of Climate Change
The MyPlate icon reinforces important concepts of meal planning The MyPlate icon reinforces important concepts of meal planning
Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach
Important Land Ecoregions Important Land Ecoregions
Video: Blood Flow through the Human Heart

For a complete list of videos, visit our video library