Since we won’t be traveling for the next couple of years, we have decided to spend our time, energy, and dollars in another way…
Recently we joined the American Club Taipei – a country club style organization dedicated to “camaraderie, sports, entertainment, relaxation and a range of high quality dining options.”
So far, so good.
Having a baby in Taiwan is an incredible experience – the perfect combination of high quality and low prices.
First we had 20 days in a postpartum center aka a luxury baby hotel. Then we had 20 days of in-home rent-a-Grandma.
After 2 weeks completely on our own, we have formally entered Stage 3… we hired a full-time nanny.
So you’ve done the impossible – retired with young children (or retired and then had children.)
Congratulations, you are eligible for a generous $2,000 Child Tax Credit (per kid.)
But if you no longer have earned income and/or already have a low/zero tax burden, you could miss out on thousands of dollars.
This is how to avoid that. (This is especially important now that we have doubled our potential for Child Tax Credits.)
You may have heard that 47% (or 43%) of people pay no taxes, including the President.
Has our blog post on how to Never Pay Taxes Again really been a bad influence on such a large percentage of the population?
Who are the people who pay no taxes? Let’s explore.
Follow the money. Always follow the money. – Deep Throat
Recently the New York Times published an analysis of 20 years’ of President Trump’s tax returns, concluding that he paid no taxes in 10 of the last 15 years and just $750/year during the first 2 years of his presidency.
Is something dubious going on? Or is this quality advertising for his accountants?
I’m tax-curious… let’s follow the money.