Happy end of tax season, everyone! We get it, you’re probably just about ready to wave goodbye to anything related to taxes. While this is fine for most Americans out there, quite a few should wait before they forget about taxes. People who are planning on selling their homes in the next several months, or...
Category: Tax Saving
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Know the Usage of E-Filing Income Tax Return
Image: https://pixabay.com/en/taxes-tax-evasion-police-handcuffs-1234784/ Filing an income tax return is as important as paying your income tax. E-filing your income tax return is one of the best ways to have authentic proof of your income. Moreover, regularly filing ITR also helps you create a good record with the Income Tax Department. It is a must-do task for every...
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Tax tips and advice from Sallie Mae for the 2017 financial year
We are pretty aware of the fact that the tax season is already in full swing and the nation’s planning, saving and paying-for-college company, Sallie Mae now advises students and their families to investigate the often-overlooked tax credits of higher education. There are several educational deductions and tax credits that are available to recuperate the...
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One Nation One Tax, GST – Who goes up and what went down!
After the passage of the GST Bills last week in the Lok Sabha, the biggest tax reform in India, Goods and Services Tax is all ready to come to light very soon. This is touted to be a reform that would possibly reduce transaction costs of business by creating a single nationwide market, which GST...
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How President Trump’s Tax Cuts Could Affect the Stock Market
The 45th President of the United States, Donald J. Trump, famously said he would do “great things” during his first 100 days in office. A major fiscal policy announcement was therefore widely anticipated before the end of this critical initial period for the new administration. On Wednesday, April 26th, President Trump announced his plan for...
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Common Tax Problems And How To Handle Them
Christmas is just around the corner, and that means soon we’re going to be a mere four months away from tax season. For the heads of large, multi-national corporations, this is just another period of the calendar. However, for small business owners, it’s a time where all kinds of headaches and difficulties spring up. If...
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Vital Tax Breaks That Every First-Time Homebuyer Should Be Aware of in 2017
The wallets of majority of Americans are in great shape since the Great Economic Recession. With steadier job security and higher pay, tax perks for homeowners, especially for the novices can make the entire prospect of homebuying more attractive. Homeownership is special as it offers tax breaks which renters don’t have and this is being...
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Future Advisor Gives you an Edge Over your Investment Advisor
Setting up your brokerage account and paying for your retirement plan may seem quite challenging at times. It’s often not feasible to consult a financial advisor, although you may find it hard to tackle the situation. FutureAdvisor is a brand new site that comes with an efficient wealth management platform for you. Unlike all online...
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Alternatives to Keeping an Annuity or Structured Settlement
Annuities and structured settlements come into our lives in a variety of ways, not just those that are within our control. Structured settlements are usually awarded to plaintiffs before a case is taken to court. If the two parties can agree (and you are the plaintiff), you may find yourself with a structured settlement, a...
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5 Tips for Filing Your Own Taxes
Tax season is here again and everyone is being faced with the grueling task of getting their taxes done on time. This is a task that many people dread every single year, but of course, everyone also looks forward to their return. This time of year, the question often comes up whether or not to...