Have you considered compiling a tax preparation checklist? Tax filing may feel complicated at times due to the number of documents and information one has to prepare. Having a tax preparation checklist will give you more power and control over your income tax preparation. So, on your next tax filing, save some time and effort with this income tax checklist. Tax Preparation … [Read more...]
11 Things You May Not Know About Taxes In Other Countries
Taxes in other countries, how do they work? What are the countries with no income tax? What are the tax-free countries? To quote Benjamin Franklin, nothing's sure but death and taxes. So, whatever country you go to, you're bound to pay taxes, one way or another. If you migrate or even travel abroad, you might be surprised at the different tax system that country might have. To … [Read more...]
How To Avoid IRS Scams | What To Look For
Thousands of honest taxpaying Americans have lost millions of dollars in total to IRS scams. Scammers use tactics that include automated IRS phone calls or even appear at your doorstep to intimidate you into paying. Given this, it is best to take special care to avoid the risk of this happening to you. Here are a few things you should know to ensure the safety of your … [Read more...]
Was Doing Your Taxes Awful? Make It Easier Next Year With This Monthly Tax Guide
A monthly tax guide, such as the 2018 withholding tables, can provide more than just basic information any taxpayer needs to know when paying taxes. It can also prevent any individual or corporation from incurring a penalty due to unpaid taxes. This includes late payments for taxes, even if a refund is already due when you file a tax return. Consider the resources below to … [Read more...]
Are Health Insurance Premiums Tax Deductible?
Are health insurance premiums tax deductible? It’s a question that tends to come up each year as people start thinking ahead about their taxes. It is also a question that’s hard to answer because there are many things involved in taking tax deductions. At one time, every person had to have health insurance or pay a tax penalty based on the rules set forth by the Affordable Care … [Read more...]
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