Imagine that you saved every penny of your gross income beginning on January 1 of this year. By what date would you have saved enough to pay your entire federal, state, and local taxes for the year? That date is your Tax Freedom Day. In a sense you work for governments until that date, for yourself afterwards.
Noteworthy
Longtime Fundraiser Departing UW Foundation
Mark Lefebvre, senior vice president for principal gifts at the UW Foundation, has been a champion of UW people, programs and projects for almost 30 years. He’ll depart the foundation this month. “It was here I found great animating ideas,” Lefebvre said of UW-Madison. “It was here that I found the best expression of the Wisconsin Idea.”
Managing Director – Marketing
You will join a team of passionate and enthusiastic professionals working for a mission you believe in –assuring that the UW-Madison will never stop transforming lives for new generations of students, supporting life-changing research, and educating a significant number of our future leaders in science, business, government, education and more.
Higher Income-Tax Rates Can Mean Greater Savings
With American taxpayers on the edges of their seats, Congress finally passed new tax legislation on New Year’s Day 2013 that halted most of the automatic tax increases due to take effect upon the expiration of Bush-era tax cuts.
Charitable Bequests: Something for Everyone
Many people would love to make substantial gifts to their favorite charities during their lifetimes. For some that is within reach, especially with good planning; for others a lifetime gift is beyond their comfort zones. Regardless of your personal circumstances, a bequest can be an excellent way to meet your philanthropic objectives.