Filing your taxes or dealing with unexpected tax outcomes can be a complicated process. Thankfully, there are systems in place that can assist you when you run into tax difficulties; one such system is a tax attorney service.
Tax attorneys assist ...
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Missed Tax Deadline? Here’s How to Reduce or Eliminate Penalties
If you missed this year's tax filing deadline, you may face penalties and a number of other consequences that will only get worse if you do not take your income tax filing seriously. The consequences of not filing taxes vary by situation, but ...
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What Should You Do If the IRS Finds a Mistake Made by Your Tax Preparer?
If your accountant or tax preparer makes a mistake on your taxes, guess whose problem it is? Yep; all yours.
If the IRS comes a-calling, demanding you fix the inconsistencies -- hopefully without a full, nightmarish audit -- then here's what you ...
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Filling Out the 1040 Form: Key Points to Know
As every American who earns a salary should pay taxes, you might be already familiar with Form 1040 or one of its variants. The IRS tax form 1040 -- along with 1040A and 1040EZ options -- is the document most US citizens use to file their tax ...
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3 Important Tax Deduction Rules You Should Always Remember
The best way to maximize your deductions and increase your tax return is to hire a tax consultant to help you go through everything. However, if you decide to do it on your own, you can still get a number of deductions as long as you remember the ...
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Are You Smarter Than a 5th Grader? Calculate This Bill’s Tip
By the time kids leave the 5th grade they should know how to calculate simple percentages, which is one of the most critical mathematical tools we have at our disposal after we become adults.
Thanks to the longtime custom of tipping, restaurants ...
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How Personal Loans Can Boost Your Credit Score
If you want to improve your credit score, you might mistakenly believe that the best thing to do is to completely avoid getting into debt. However, not having any debt can actually have the opposite effect when it comes to your credit rating.
If ...
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How to Save Money on Taxes: 7 Tips Everyone Should Know
Few things are as painful as seeing money from your hard-earned paychecks go into taxes. But yet, it's a pain that we have to endure every year during tax season. As Mark Twain once said, "nothing in life is certain but death and taxes."
Although ...
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The Benefits of Tax-Advantaged Accounts
When it comes to getting your finances in order and planning for your future, the topic of taking advantage of the tax system in your country is rarely brought up. Which is odd, as this can substantially improve your financial situation, and help you ...
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Review: H&R Block Tax Pro Review
With the tax deadline right around the corner, many people are diligently gathering their financial papers and documents so they can begin the arduous process of filing their tax returns, which is why many people ultimately prefer the convenience ...
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The 50 Biggest Money Mistakes Household CEOs Make
I'm not ashamed to admit I make mistakes. After all, everybody screws up occasionally; for us humans, mistakes come with the territory.
For example, I remember the time I decided it would be great fun to play Wii golf for eight consecutive hours. ...
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19 Things Your Millionaire Neighbor Won’t Tell You
Although having a million bucks isn't as impressive as it once was, most people still consider it as a sign of financial success. And judging by the number of actual millionaires enjoying life in the world today, there are apparently quite a lot of ...
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What Does It Mean to Be a W2 Employee?
Do you know if you're classified as a W2 or a 1099 employee?
This information might not seem critical, but it's essential you know your classification for tax purposes. After all, employers don't always make employee classifications clear, so make ...
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Good Personal Finance Habits Everyone Should Follow
There are good habits and there are bad habits - and I have a lot of bad habits.
For example, I tend to bite my nails when I get stressed out. I also have a penchant for opening the cupboard to get a drinking glass -- then walking away and leaving ...
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7 Tips That Can Help You Avoid Being Audited by the Taxman
Nothing scares the taxpayer more than the prospect of being audited by the Internal Revenue Service (IRS). However, you should find comfort in the fact that tax audits are a rare occurrence. In fact, a measly 1% of all returns were audited last ...
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18 Fast Facts You Didn’t Know About Social Security Numbers
This weekend I was looking through the safe that holds all of my most important documents, like family birth certificates, insurance policies and the secret recipe for mom's sauce, when I ran across my Social Security card.
Now I'll wager that, if ...
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Where to Find Help When Your Business Has Tax Troubles
Being an entrepreneur is challenging enough without the added trouble of a huge tax liability hanging over your head. Difficulties with business taxes can be both stressful and expensive to sort out. However, one important thing to remember is that ...
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10 More Old Wives’ Tales Masquerading As Financial Rules of Thumb
There are people out there who swear that if you're lucky enough to see the first flower of springtime on a Friday, it's a sign of impending wealth.
I know. I don't buy it either.
Still, let's assume these folks know what they're talking about; ...
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6 Personal Finance Tools for College Students
As kids head off to college, they face a range of new temptations that can drain their financial resources. For many parents, the fear of a child falling into financial trouble is as deep as concern over academic performance. Unlike a semester of ...
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The 10 Most Overlooked Tax Deductions (and How to Claim Them)
It may be hard to believe, but Tax Day is just around the corner -- again! -- which is why millions of people just like you are carefully sifting through their paperwork from the last year so they can figure out what they can deduct to lower their ...
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