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Category: Tax

Tax Liability

How to Reduce Taxable Income & Maximize Your Tax Refund

Posted on July 23, 2021January 16, 2023 by Tina Roth

It often seems like there’s a tax for everything we do. We pay sales taxes every time we pump gas, buy groceries, or fill a prescription. We also pay yearly property taxes on our homes and cars. But nothing compares to the federal tax that is withheld from our paychecks. The more money you make,…

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Small Business Taxes

Dangerous Tax Scam Of 2021 And How To Protect Yourself From Them

Posted on June 25, 2021July 1, 2021 by Tina Roth

Tax scammers are getting smarter by the day but you can outsmart them. Popular ways by which they carry out their operation include the use of emails, websites, and social media. One of their major goals is to get your personal and financial information. Hence you have to be wary of sharing your personal or…

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Things To Know About Pensions, Annuities, and Tax Withholding

Things To Know About Pensions, Annuities, and Tax Withholding

Posted on February 19, 2021February 20, 2021 by Tina Roth

Generally, the money you receive from income annuities and pensions is not immune to Federal tax withholding. This is the same withholding system you would experience if you received money from stock bonuses, profit-sharing, or any other type of deferred income plan. In other words, the money that you get from that annuity you purchased…

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Small Business Taxes

Small Business Taxes: Expectations vs. Reality

Posted on April 22, 2019June 17, 2020 by Tina Roth

If you’re a small business owner, you undoubtedly heard about the changes to the tax code brought on by the 2018 “Tax Cuts and Jobs Act.” While this bill brought a variety of changes for small business owners, this bill has not made the prospect of completing your businesses taxes any less daunting. Few small…

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Tax Debt for Pennies on the Dollar

4 Things to Understand About Settling Tax Debt for Pennies on the Dollar

Posted on February 6, 2019June 17, 2020 by Tina Roth

Tax debt can weigh on you when you’re trying to determine how to handle it. Fortunately, there are several ways to make sure you can pay back the money you owe. One of those options is the IRS Offer in Compromise program, which allows you to pay less than you owe, with the rest of…

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Tax Liability

What Are Your Options if You Have a Tax Liability?

Posted on April 28, 2017November 25, 2020 by Tina Roth

For many, tax season is a time of big spending as refunds come rolling in. If you owe money to the IRS, though, there will be no big spending. What if you have a tax liability that you can’t pay? This is surprisingly common, and the IRS is almost always willing to work with people…

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Last-Minute Tax

5 Last-Minute Tax Tips for You

Posted on April 18, 2017June 9, 2020 by Tina Roth

There are countless reasons why many Americans wait to the last minute to file their taxes. In fact, statistics show that the number of late filers is growing, which is okay as long as you do not over look anything. The following are five last minute tax tips just for you. #1 Take Your Time…

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US Taxpayers

What the US Taxpayers Need to Know about 2016 Tax Law Changes

Posted on April 10, 2016June 8, 2020 by Tina Roth

The federal tax return should be in accordance with the law. The problem is laws are subject to change. The taxpayers need to keep updating themselves and stay posted about changes in the existing laws. Or else, their tax return filing may not be according to pertinent legal clauses. This year’s filing date 2016 is…

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About Me

finance blogger

The idea of starting a blog has been hitting me for long; I took it seriously after falling into a spiral of debt and recovering from it.

I have been anxious all through the financial difficulties. I see that same anxiety in the eyes of people, whose ill fate has put them at odd with financial repose.

It makes me compassionate. Out of this compassion and goodwill, I started this blog. I wanted to help all those, who are facing financial distress..




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