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What Is Earned Income? Examples and How to Calculate

When it comes to taxes and financial planning, you need to know the IRS has…

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Refundable Tax Credit: Explanation, Eligibility, Benefits

Tax credits reduce the amount you owe to the IRS, but not all tax credits…

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Why Does Trump Want Tariffs?

President Donald Trump sees tariffs as a means to reduce trade deficits, encourage domestic manufacturing…

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Can You File Another Tax Extension After October 15?

For most individual taxpayers, the October 15 tax extension deadline is final. Unlike the automatic…

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How to Avoid Capital Gains Taxes in Washington State

Washington State imposes a 7% capital gains tax on the sale of certain long-term assets,…

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How Much Can You Inherit Without Paying Taxes?

An inheritance can offer helpful financial support, but it may also come with tax considerations.…

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IRA Early Withdrawal Rules and Penalties

When you deposit cash into your retirement account, it enters a new realm of rules…

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IRS Braces For More Workforce Cuts Once Tax Season Ends

With the 2025 regular tax season deadline just days away, the IRS is already bracing…

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How Long You Have to Keep Tax Documents

Once tax season is over, it’s tempting to contemplate pushing every document into a shredder…

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How To Forecast Growth In The Age Of Uncertainty

It only takes a quick scan of any cable news network to realize that we…

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