Taxes

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Understanding Your Tax-free Personal Allowance as a High-Earner in The UK

To fully understand your Personal Allowance, it’s imperative that you know the income tax rates for earnings if you live in England, Wales, or Northern Ireland.  When your income exceeds £100,000, it’s important to understand your level of income tax. There are some traps that you can fall into, which means that you can effectively …

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Expat Tax Filing 101: Top 10 Things Americans Need to Know

Americans enjoy lots of perks, but citizenship also comes with lots of responsibilities, chief of which is taxes. Just because you are living and working abroad does not mean that you are exempt from paying state or federal taxes. In fact, American expats are taxed on their worldwide income, even if they do not live …

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Tax Preparer Near Me

Tax Preparation Services Near Me – A Complete Guide

Most Americans hire professionals to prepare their tax returns. However, many people are not sure whether they should pay someone to prepare their taxes or do it themselves. Of course, preparing taxes is a difficult task so using a professional tax service is always a good decision. In this article, we will consider the benefits …

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a woman on holiday with her daughter after investing her tax refund to build wealth

20 Ways to Use Your Tax Refund to Build Wealth

For the fiscal year 2019, the IRS issued over $452 billion in tax refunds to nearly 122 million Americans. Who largely spent it on passing pleasures rather than investing toward improving their lives long term. With tax day rapidly approaching on May 17, many Americans have already filed and started receiving their refunds. So, what’s the best way …

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10 Things Taxes Pay For: Where Do Your Federal Tax Dollars Go?

Your taxes pay for a variety of government services, as well as government debt and salaries. The federal government spends a lot of money. In 2019, for example, the government spent a total of around $4.4 trillion. You know that sounds like a lot, but how much is it really?  For comparison, $4.4 trillion was around a …

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