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What is a Non-Qualified Retirement Plan?

Are you confused about retirement plans? There are so many different types, each with its own set of rules and…
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How to File an Extension for Business Taxes

Tax season is stressful for individuals that have to file business taxes. Sometimes you aren’t ready to file for your…
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1040 forms with a note saying “tax time!”

How Does a Tax Deduction Work?

As tax season approaches, both businesses and individuals face numerous challenges with deciphering the complex terminology that comes into play…
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How to Calculate Average Tax Rate

It’s no secret that taxes can be complicated. Even if you’re relatively comfortable with numbers and have a straightforward financial…
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lettered dice spelling “tax season” with pencils and a calculator on a black background

Federal vs. State Tax Return

The United States has a progressive tax system, meaning most taxpayers are required to pay taxes to each level of…
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What Are the Payroll Taxes?

When you're running a business, employer payroll taxes can be one of the most frustrating parts of your job. They…
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How To Get the Most Out of Your Tax Return

A big income tax refund can be a bit like winning a small lottery. It's an unexpected windfall that you…
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IRS form 1040 with calculator

What is Tax Liability?

Taxes are a fact of life. If you work or have investments, you've probably heard the term tax liability. Your…
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What is the Advantage of Investing Early for Retirement?

Planning for your retirement may include plenty of free time to pursue your favorite hobbies, travel the country, or spend…
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