Taxes

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Latest Taxes News

5 Ways Billionaires Avoid Taxes: Strategies and Examples

Billionaires often avoid taxes using legal frameworks, advanced planning, and strategic investments. While their strategies can be complex, some of…

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ISOs vs. NSOs: How Are They Taxed Differently?

When comparing ISOs vs. NSOs, the biggest differences come down to how each is taxed and who can receive them.…

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How to Minimize or Avoid Taxes on Your Venmo Transactions

Whether you are splitting a bill or selling handmade goods, the IRS may expect you to report certain payments. This…

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The IRS Isn’t Answering. Now What?

What should you do if you need help with your taxes?After a busy filing season, many households are trying to…

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What Is Withholding Tax and How Is It Calculated?

You’ve likely noticed the IRS withholds a portion of your paycheck before it ever reaches your bank account. This is…

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Inc. vs. LLC: Key Differences, Pros and Cons for Taxes

Choosing between a corporation (Inc.) and a limited liability company (LLC) affects how your business is taxed, how profits are…

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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 for more cuts in its…

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Tax Filing Season Statistics Suggests Taxpayers Are Still Waiting To File

IRS data from the fourth week of the tax filing season—the week ending February 21, 2025—continues to suggest that taxpayers…

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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 have entered a whole new…

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Treasury Declares New Ownership Reporting Law Will Apply Only To Foreign Companies

U.S. businesses no longer have to comply with the beneficial ownership information (BOI) reporting filing requirements of the Corporate Transparency…

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