How can I get my taxes reduced? If you are in the process of filing your taxes, you may be wondering how you can get your taxes reduced. Or, you might have just paid a hefty tax bill for last year, and you want to reduce your taxes for the next tax season. Exactly how…
How can I reduce my tax burden? The easiest way to reduce your tax bill is to reduce your taxable income by utilizing tax deductions. If you itemize deductions, you must file the long Form 1040 and Schedule A. But the extra hassle is worth it if it reduces your tax bill. There are some…
What if I can’t pay my taxes? It is tax season and that means a lot of people are looking forward to a healthy tax return check. But some individuals might be surprised to see that they will not receive a tax return, but will, in fact, owe money to the Internal Revenue Service (IRS)…
How Will President Trump Impact Small Business Tax Liabilities Change is unavoidable whenever there is a transfer of power, but it has already become clear that this transfer may come with more (and faster) upheaval than those in the past. Considering the rapidness of the changes enacted since President Trump’s inauguration, it is crucial to…
The PATH Act And Its Impact On Tax Payers As tax day looms, small businesses and individuals are beginning to file their tax returns. For many individuals and families on a tight budget, tax returns mean tax refunds. Some people plan to use tax credits to receive a large tax return that they will use…
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