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2022-06-24
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2022-06-24
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Category: Taxes

  • Taxes

I Predict the President Will Outline a Huge Tax Increase, and That Most Americans Will Support It

Shelby L. Maxim 2021-08-192021-09-25

Introduction I predict that in order to reduce the Federal deficit, pay for extraordinary government spending on defense and infrastructure, protect the viability of Social Security, fund a substantial tax cut for low and middle class citizens and diminish the growing wealth gap between the vast majority of Americans and the 1 percent, a one-time […]

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  • Taxes

Here Is Why Your Small Business Needs a CPA Firm

Shelby L. Maxim 2021-08-182021-09-25

As a small business, you probably deal with a lot of financial matters on a regular basis. Important decisions must be made on time, and you must invest your time in various daily activities and tasks that have a significant influence on your resources. No wonder, entrepreneurs look for the maximum ways to save money, […]

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  • Taxes

Small Business Tax Questions: What Income Tax Return Should You File For Your LLC?

Shelby L. Maxim 2021-08-18

Do you own a limited liability company (LLC) and are wondering what form to use to file your business income tax return? This article will answer that question. First, here’s the short answer. Usually, an LLC files its annual federal income tax return on one of the following forms: Schedule C (as part of your […]

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  • Taxes

The Impact of GST on the Homebuyers

Shelby L. Maxim 2021-08-14

With the impending advent of GST, homebuyers are presently jostling with a lack of clarity with respect to several aspects related to real estate. Aspects such as whether the rate of GST will remain equal to the present applicable taxes; whether affordable housing will come under or remain outside the purview of GST. Taxes such […]

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  • Taxes

5 Facts About Tax Planning That Just Might Surprise You

Shelby L. Maxim 2021-08-13

For many, the painstaking, arduous task of tax planning is something they dread all year. What’s more, the dread it felt year after year, as though somehow there may have been a pleasant change that has occurred in the intermittent 364 days to remedy the process. Tax season, it seems, always carries some woes. According […]

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  • Taxes

Introduction to Outsourcing – What Are the Costs and Benefits of Outsourcing?

Shelby L. Maxim 2021-08-10

The rise of the online community has changed the way in which we do the business always. It has delivered us nearer to people that can help with our everyday operations and additionally backend business needs, empowering our organizations to run smoother and turn more benefit. One of the key places this has truly had […]

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  • Taxes

Hurricane Irene – Tax Relief Available for Victims

Shelby L. Maxim 2021-08-07

The year 2011 has come with a string of tragedies in terms of bad weather in various parts of the United States. One of the more recent catastrophes was Hurricane Irene. The Hurricane caused havoc all up and down the East Coast including Philadelphia and Delaware. Many victims of this disaster are still coming to […]

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  • Taxes

A Possible Relief on Taxation of Repatriated Profits

Shelby L. Maxim 2021-08-05

Many major U.S. corporations that run operations overseas have a lot of their profits and funds in overseas accounts to avoid being taxed. The federal law requires any repatriation of such funds from subsidiary operations to be taxed at 35%. This heavy taxation has forced many to keep their funds outside the United States. However, […]

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  • Taxes

Calculate Your Exact Income Tax Refunds With an Online Tax Estimator

Shelby L. Maxim 2021-08-03

Are you trying to figure out the exact amount of the income tax refunds you think you must claim? But do you find it an ever-pending task as whenever you try to sit down and calculate the overpaid amount? If all your answer is yes, then you don’t worry as there are over thousands of […]

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  • Taxes

A CP – 504 Marks The Beginning Of Serious IRS Tax Problems

Shelby L. Maxim 2021-07-23

If a taxpayer receives a CP 504 and then ignores it, the repercussions are immediate and quite serious. This notice is only sent after two previous notices (CP 501 and CP 503) have failed to get the attention of the taxpayer. The debtor must understand that when the CP 504 IRS notice is received, the […]

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Bad Credit Debt Consolidation – Single Loan to Erase Bad Credit

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