Article Published by: cnbc.com Income tax collections generated more than $3.3 trillion for the federal government in 2015, according to latest Internal Revenue Service figures. Along with that money, tax season also produces tens of thousands of tax rip-offs that cost individual taxpayers and the IRS...
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Article Originally Published by: taxpayeradvocate.com What Should I do? If you can’t pay the taxes you owe, the IRS has payment options available. Which option might work for you generally depends on how much you owe and your current financial situation. Each option has different requirements and...
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Article Published by: mjscpa.com Wills and Living Trusts: Estate Planning Imperatives Well-crafted, up-to-date estate planning documents are an imperative for everyone. They also can help ease the burdens on your family during a difficult time. Two important examples: wills and living trusts. The will A will is a legal...
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Article Published by: money.cnn.com If someone offered you free money, would you refuse it? Probably not. But that's just what you're doing if you don't contribute to your 401(k). The more you contribute, the more free money you get. Here's why: Advantages: Contributing part of your salary to...
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Article Published by: taxpayeradvocate The next few weeks and months are shaping up to be an exciting time for advocates of tax reform. To be sure, the details of a tax reform bill have been shifting almost daily. But that is hardly surprising. If tax reform is to pass,...
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Article Published by: msn.com Somehow you ignored the numerous mentions in the local and national media of the tax filing deadline, which this year was April 18. You were going to do your taxes, or at least file an extension, but life kept getting in the...
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Article Published by: cnbc.com One of Warren Buffett's most quoted axioms urges investors to "be fearful when others are greedy and greedy when others are fearful." Buffett's observation highlights the role emotions play in many investing decisions, as well as the way an unemotional investor can profit....
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Article Published by: taxpayeradvocate.irs.gov The National Taxpayer Advocate reviewed the Taxpayer Bill of Rights with the four private collection agencies selected for the Private Debt Collection program under the Fixing America’s Surface Transportation Act (FAST Act). The National taxpayer Advocate recorded a training video for all employees...
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