Everything (almost) you need to Know about Tax Exemption
The first thing you need to know about filing for a tax exemption is whether or not your organization qualifies under the broad terms of the types of organizations that can be tax exempt. Organizations...
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Don’t Understand IRS Tax Terms?
It can be a really daunting task when it comes to learning tax “lingo;” one of the hardest things about taxes is understanding the jargon used. There is no need to be stressed about it though. You can...
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Those Who are Exempt from Making IRS Tax Payments
As Benjamin Franklin put it, “In this world, nothing is certain but death and taxes.” Every year, Americans collect all their tax documents, stick to the IRS schedules, and file their tax returns....
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Tax Break for Supporting Adult Children
One’s home is always the best place to turn to whenever life throws its usual and seemingly unfair punches. The best possession an individual can have is a supportive family where one is guaranteed...
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Divorce and the Tax Consequences: Watch Out!
Divorce can be devastating and a hard blow to accept, as life changes drastically. You can divorce multiple times in a lifetime, but you can never “divorce” Uncle Sam. You have to therefore, pay...
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Major Facts You Should Know about Dependents and Exemptions
Every tax payer has a distinctive tax return that is affected by certain rules. These rules concern exemptions and dependents. The following are a few facts that will assist you when filing your tax...
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Will The Marriage Penalty Smack You With a Higher Tax Bill?
Marriage is a significant event in every person’s life, not only due to the spiritual and emotional changes, but also the financial implications as well. In fact, taxes are one aspect that heavily...
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Tax Breaks for Parents
The following are some important tax tips that all parents should take a look at and become familiar with: • Child Care: There are ways in which you can get help to cover your child care costs:...
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