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What's The Difference Between A W-2 Form
Taxes

What’s The Difference Between A W-2 Form And A 1099 Form (And Which Should You Use?)

In the tricky world of tax codes, there are lots of definitions to wrangle and forms to fill out. One of the most common...
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Tax Havens and Wealth
Taxes

What is a Tax Haven? [How They Work & List of Countries]

Taxation laws and requirements vary dramatically by country, and this variation has created the framework for tax havens. A tax haven is a country...
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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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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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What You Should Know About Tax Settlements
Taxes

What You Should Know About Tax Settlements

Paying taxes can be cumbersome to most people, more so if they have been unable to do so for the past couple of years,...
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Can I Use My FSA Card At Target
Taxes

Can I Use My FSA Card At Target?- Limitations On Flexible Spending Arrangements

The Flexible Spending Arrangement, FSA is a unique savings account. The account allows the holder to enjoy specific tax exclusions that result in rollout...
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The Impact Of COVID-19 On Your Property Taxes
Taxes

The Impact Of COVID-19 On Your Property Taxes

When you own a home, property taxes are considered an unavoidable expense. Most of the time, people find it challenging to pay their property...
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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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Taxes

Tax Evasion Poses a Significant Challenge to Developing Countries

When corporations make plans to evade taxes, they rarely consider the impact that tax evasion has on both developed and developing nations. According...
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Hong Kong Tax Regime And Its Key Features
Taxes

Hong Kong Tax Regime & Its Key Features

Over the years, Hong Kong has maintained itself as one of the most preferred jurisdictions for doing business due to many reasons. They include...
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