During the course of today’s call.
We anticipate the full year tax rate will be in the 24% to 26% range. As a result, reported net income in the first quarter was $15.3 million, an increase.
FICA stands for Federal Insurance Contributions Act and consists of a Social Security tax and a Medicare tax. This tax is very important for everyone to understand because so often we only think about federal tax rates and state income tax rates. The FICA tax is a big percentage of your total tax bill, especially for those making under six figures a year.
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The grand total for the fourth quarter (October 01 – December 31) of our 2013 RV Living Expenses: $11,971 Below is a breakdown of our expenses of full time living in our RV, if you want more details read the posts from 2011 and 2012. I’ve rounded the numbers to keep it simple.$2,014 Fuel – Gas for Smart Car and diesel for RV, we logged a ton of miles this quarter.
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A full transcript follows the video. More From The Motley Fool Chris Hill: It’s the Motley Fool Money radio show. I’m Chris Hill. Joining me in studio this week, senior analysts Jason Moser.
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