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Taxes

How Will Filing 2020 Taxes Be Different for Crypto Traders

Though cryptocurrency has been around for many years now, it’s still considered new in the investment market. The cryptocurrency market rapidly expands and evolves, making it difficult for outsiders, cryptocurrency miners, and investors alike to understand and monitor. The U.S. Internal Revenue Service (IRS) first acknowledged virtual currency taxation in […]

Taxes

10 Tips for Filing Your Taxes This Year

If you’re planning to file your own taxes this year, you’re not alone—research indicates around 33 percent of Americans take charge and file their own taxes every year. As you prepare to file your return, there are several things to keep in mind. Use the following tips to make this […]

Personal Tax Return Online
Taxes

Owe Taxes to the IRS? What to do When You Can’t Pay

Sometimes, an individual may owe a significant amount and value of taxes to the IRS (Internal Revenue Service). It may be due to various reasons that they cannot pay it back in the stipulated time. The taxpayer would inevitably become exceedingly concerned and disoriented in such a situation. They may […]

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Looking at Taxes

The date of April 15 can strike fear into the hearts and lives of many Americans. It would be an understatement to say that doing taxes is very easy to set aside. However, taxes must be done and people need to fill out taxes in a timely manner. Still, there […]

Taxes

Taxes and Bankruptcy in the News

Not long ago the comedian known as Sinbad (a.k.a David Adkins) filed for bankruptcy. ABC News reports that Sinbad failed to pay state and federal taxes in the past and, as a result, was forced to seek bankruptcy protection. This will be Sinbad's second bankruptcy filing, the first one occurring […]

Taxes

How to File Back Taxes

Do you have an income? Have you been consistently filing your tax return every year on time? If not, just know that though they may be slow to act, the IRS is a highly efficient government agency and you risk facing fines, penalties, and even criminal prosecution if you fail […]

Taxes

5 Arguments in Favor of Online Tax Payment

Every economy relies on a tax-based revenue structure, in which residents are required to pay taxes to the government as a source of income. By accepting these funds, the government provides the infrastructure that the general public uses. If we dig deep into the meaning and applications of the word […]

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Who Can File Probate and How It Works

There are many situations in which a family fights over their deceased family member’s property. These situations don’t always end with possessions and property being fairly divided and potentially going against the wishes of the dead. Problems like these usually occur because of no written Will for the asset distribution. […]