Tax deductible charity donations for U.S. tax payers

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According to a recent poll, about 55% of American citizens donated to charities in 2020. Around 25% of them donated more than $500. Close to 45% of the more than 3,800 American adults polled by Invisibly in January 2021 said … Read More

Why your net worth is important

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Your net worth refers to a fairly simple but important calculation. Net worth is essentially the total value of all the things you own less the value of what you owe. If you have more assets than liabilities, your net … Read More

The ins and outs of international money transfers

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Sending money abroad can be a stressful experience, particularly if it’s the first time ever you do it. If you are a foreign worker you might also be unsure why it costs so much to send money to your home … Read More

How the US Government spends taxpayer money

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Death and taxes are certain, but so is government waste when it comes to spending your tax money. No matter your political beliefs, a lot of the tax monies raised by government is wasted. Governments around the world have different … Read More

What does the UK Government do with taxpayer money?

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Who is a taxpayer and why should I care? A taxpayer is a person or unit that is expected to pay local or public tax authorities. With various other types, taxes can occur in the form of income tax or … Read More