5 Things That You May Not Know Are Taxable
When it comes to taxes, most people are aware that they need to report their income from a job or business. However, there are many things that you may not
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IRS Estimated Taxes: A Step-by-Step Guide to Paying & Avoiding Penalties
As a responsible taxpayer, it’s important to have a clear understanding of IRS estimated taxes. Estimated taxes are periodic payments made throughout the year to ensure that you are paying
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Turning Misfortune Into Opportunity: How Gambling Losses Can Reduce Your Tax Burden
Tax season can be stressful for many individuals. But, what if there was a way to turn your misfortune into an opportunity to reduce your tax burden? In this article,
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How to File Late Tax Returns With Missing Documents
Have you fallen behind on filing your tax returns? If so, don’t panic. There are various reasons why someone may be unable or unwilling to file on time. An unexpected
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What Happens If You Don’t File Taxes?
The tax filing deadline is quickly approaching. If you’re a U.S. citizen or legal resident, you are required to file if you meet certain requirements, such as gross income amount,
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Are Wedding Expenses Tax Deductible?
With spring right around the corner, wedding season will soon be in full bloom. If you’re one of the lucky couples getting married this year, congratulations! We know that this
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How to File Taxes When You Live And Work in Different States
Filing taxes when you live and work in different states can be a bit more complicated than filing taxes in a single state. This is because each state has its
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