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 150 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?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Calcium Carbonate, an Important Carbon Sink Calcium Carbonate, an Important Carbon Sink
Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s
Personal care setting. Personal care setting.
The impact of endocrine disruptor on animal The impact of endocrine disruptor on animal
Calculation of the Value of Depletion for the 14 Most Important Minerals Calculation of the Value of Depletion for the 14 Most Important Minerals
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
Video: Neuron Structure Animation

For a complete list of videos, visit our video library