Thursday, March 18, 2021

Understanding Pre-Tax Accounts

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 When it comes to investment accounts, you basically have two different types: pre-tax accounts and after-tax accounts. If you’ve settled on...
Tuesday, March 16, 2021

The Two Types of Income

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These days, people get money in all kinds of ways. However, one of the most common ways is via earned income. And, while you might think tha...
Wednesday, March 10, 2021

Tired of Owing Too Much to the IRS?

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There is nothing worse than finding that, come tax time, you owe a big debt to the IRS. But, sadly, many people find themselves in this situ...
Thursday, March 4, 2021

Understanding Tax Liability

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If you owe taxes, then you have what is called a “ tax liability .” A lot of factors can affect your tax liability and, if you’re not carefu...
Tuesday, March 2, 2021

Your Guide to Some of the Latest Income Tax Changes

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2020 was a year greatly affected by the Coronavirus pandemic and its implications. Thus, it just makes sense that some relevant tax changes ...
Wednesday, February 24, 2021

How the Estate Tax Exemption Changed for 2021

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If you own property you want to pass on after you die or if you are the heir to a property, it’s important to know about the federal estate ...
Thursday, February 18, 2021

Charitable Gifts and Your 2020 Taxes

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Everyone has items that they don’t need taking up space in their homes. And, the right thing to do isn’t to toss them in the trash, but to d...
Tuesday, February 16, 2021

Selling Stocks? What You Should Know

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 If you have stocks, there may come a time in which you wish to sell some of them. But, what does selling stocks mean for your tax bill ? We...
Wednesday, February 10, 2021

What and When is the Tax Calendar Year?

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  The term “tax year” may seem simple, but it actually causes a lot of confusion for a lot of people. However, if you put in a little effort...
Thursday, February 4, 2021

Phone Calls from the IRS: Proceed with Caution

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Imagine this scenario: you’re sitting at home and the phone rings. You answer, only to be told that the caller on the other end is an IRS ag...
Tuesday, February 2, 2021

The IRS: What's it All About?

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If you live in America, chances are that you have heard of the Internal Revenue Service, more commonly referred to as the IRS. This is the a...
Wednesday, January 27, 2021

Understanding Medicare Taxes

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If you’ve been working for a while, you’ve probably noticed that some money is automatically deducted from your regular paycheck. That money...
Thursday, January 21, 2021

Get Real Tax Help from the IRS

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Let’s face it. Filing your taxes, knowing how much you owe, and even paying your taxes can be incredibly stressful. What’s even worse is whe...
Tuesday, January 19, 2021

What You Need to Know About the Effective Tax Rate

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As a taxpayer, you probably hear and see a lot of terms. And, with so many terms being thrown around, it’s very easy to get confused. Howeve...
Wednesday, January 13, 2021

How a Tax Levy Can Affect You

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“Tax levy” is probably one of the most dreaded phrases in the English language, and, once you understand what it is, it’s easy to see why.  ...
Thursday, January 7, 2021

How Long Does the IRS Have to Conduct an Audit?

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Many taxpayers worry greatly about the risk of facing a tax audit . And, a lot of them breathe a sigh of relief once their taxes are filed a...
Tuesday, January 5, 2021

Did You Miss Out on a Tax Refund?

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Everyone likes money, and no one likes missing out on money that’s owed to them. Unfortunately, though, this happens to a lot of people each...
Wednesday, December 30, 2020

Get Familiar with Your W-4

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  If you’ve ever worked a traditional job a day in your life, or if you’re planning to, then you need to be familiar with Form W-4. You’ll s...
Tuesday, December 22, 2020

Selling Your Home and Taxes

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 Are you planning on selling your home in the near future? Or, maybe you’ve sold it already and are unsure what you can expect in terms of t...
Wednesday, December 16, 2020

What You Need to Know about Bonuses

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  Everyone loves finding out that they’ll be getting a bonus at work. After all, it basically seems like free, extra money.  Unfortunately, ...