Three Politicians That Wrestled With The IRS March 23rd, 2019

Three Politicians That Wrestled With The IRS

Politics and money go hand in hand, and even those with great political powers have had their fair share of money issues. One such money issue that politicians have had has been paying their tax bill. Here are three politicians/political figures that have wrestled with the IRS and lost: Tom Daschle In 2009, the Washington … Continue reading Three Politicians That Wrestled With The IRS

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How Taxpayers Can Use Their Tax Refunds March 16th, 2019

How Taxpayers Can Use Their Tax Refunds

Spring is here, and that means millions of Americans are going to get their tax refund check in the mail pretty soon. For those fortunate enough to get a tax return — one thought that will probably come to their mind is “what am I going to spend the money on?” Here are three things … Continue reading How Taxpayers Can Use Their Tax Refunds

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Five Tax Advantages To Getting Married March 7th, 2019

Five Tax Advantages To Getting Married

We wouldn’t recommend getting married purely for tax benefits. But we are saying that once you find the love of your life, there’s no need to be shy to tie the knot. You and your perfect match will surely reap financial gains. Here are five tax advantages you receive when you get married: Tax Shelter … Continue reading Five Tax Advantages To Getting Married

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Five Tax Advantages For Small Business Owners March 4th, 2019

Five Tax Advantages For Small Business Owners

Building a small business is no small task. Thankfully, the Federal Government has provided tax laws to help the small business owner along in his or her mission. The United States’ economy was built on the freedom of entrepreneurship and free enterprise. Therefore, it shouldn’t surprise us that the government rewards people who utilize that … Continue reading Five Tax Advantages For Small Business Owners

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Five Athletes Who Have Been In Tax Trouble February 25th, 2019

Five Athletes Who Have Been In Tax Trouble

There are two things you can depend on: sports and taxes. The latter is much less desired than the former. Unsurprisingly, athletes have the same aversion to paying their taxes as the normal person does. But no matter our class or status, tax season rolls around for every individual. Most athletes earn high salaries for … Continue reading Five Athletes Who Have Been In Tax Trouble

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What Are The Top Five Things The Federal Government Spends Money On February 20th, 2019

What Are The Top Five Things The Federal Government Spends Money On?

According to the National Priorities Project, the Federal Government reels in approximately $12,000 from every man, woman, and child annually. In the 2015 fiscal year, the federal budget was $3.8 trillion. “These trillions of dollars make up about 21 percent of the U.S. economy (as measured by Gross Domestic Product, or GDP).” So where does … Continue reading What Are The Top Five Things The Federal Government Spends Money On?

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What Year Was The First Federal Tax Return Filed February 12th, 2019

What Year Was The First Federal Tax Return Filed?

According to the Library of Congress, the first officially recognized individual income tax return was filed in the spring of 1914. The filing deadline, however, was not April 15th, but rather March 1st. The federal income tax system went through a series of test trials before being established on February 3rd, 1913. The first test occurred … Continue reading What Year Was The First Federal Tax Return Filed?

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Five Celebrities Who Have Owed A Large Tax Debt February 5th, 2019

Five Celebrities Who Have Owed A Large Tax Debt

We tend to think that celebrities live above the grade, as in the normal American taxpayer grade. Yet, although many celebrities try to live above the rest of us, they are subject to the same tax laws that everyone else is. When celebrities owe money to the IRS or commit tax evasion, their debt tends … Continue reading Five Celebrities Who Have Owed A Large Tax Debt

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Is Your Refund Going To Be Delayed? January 30th, 2019

Is Your Refund Going To Be Delayed?

As of January 28th, the government has reopened — which means that the IRS has its work cut out for it. With the government shutdown’s looming shadow, taxpayers now worry about whether or not their refunds will be delayed. That worry is valid, but thankfully taxpayers can expect a very short to no delay in … Continue reading Is Your Refund Going To Be Delayed?

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2019 Tax Changes January 18th, 2019

2019 Tax Changes

The Tax Cuts and Jobs Act, which was passed by Congress over a year ago and signed into law by Trump, is one of the most significant tax changing laws that has been passed in quite a long time. With that being said, the Tax Cuts and Jobs Act is going to affect you and … Continue reading 2019 Tax Changes

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