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Tax Evasion
Taxes

What is Tax Evasion? [Definition, Penalties & Examples]

Tax evasion is illegal. U.S. citizens can go to jail and also be charged with substantial penalties for this crime. That's why it is...
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Things To Know About Filing Your Taxes For The First Time
Taxes

7 Things To Know About Filing Your Taxes For The First Time

Filing taxes for the first time is complicated. More often than not, it takes attention to detail and a lot of patience to get...
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Taxes

Paying Employees: Understanding the Basics of Payroll Accounting

Payroll accounting is a task that most entrepreneurs wish to shy away from. Most business owners, prefer to outsource their payroll obligations to an...
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Can You Go to Jail for Not Paying Taxes
Taxes

Can You Go to Jail for Not Paying Taxes? Facts & Fixes

Let’s answer the question directly: Can you go to jail for not paying taxes? Yes—but only in specific situations that involve willful wrongdoing. Most...
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Why Do I Owe Taxes This Year
Taxes

Why Do I Owe Taxes This Year? Tax Tips to Avoid Surprises

Unexpected balances shake confidence and budgets. If you opened your return and wondered why do i owe taxes this year, you are not alone....
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4 Things That Small Business Owners Should Know About Taxes 
Taxes

4 Things That Small Business Owners Should Know About Taxes 

As a small business owner, you probably assum the IRS isn’t concerned with how little or how much you pay in taxes. However, since...
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Taxes

What is the Automatic Exchange Of Information (AEOI)?

The Automatic Exchange Of Information is an agreement among governments around the world to share non-resident financial account information to reduce the possibility and...
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Taxes
Taxes

Does The Government Have The Right To Tax?

As a United States citizen, one of your biggest grumbles may be getting taxed every year. You may feel that you are being taxed...
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Does Joe Biden Owe Back Taxes
Taxes

Does Joe Biden Owe Back Taxes? Biden vs. IRS

President Abraham Lincoln did establish the IRS agency in 1862. The agency operates under the US Department of Treasury.  Its primary purpose is collecting individual...
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Does Fiverr Take A Cut
Taxes

Does Fiverr Take A Cut? Understanding Fees On Fiverr

In the bustling world of online freelancing and digital services, Fiverr stands out as a renowned marketplace that connects talented individuals with clients seeking...
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