Federal taxes
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Why Are You Paying Taxes?
Taxes don’t exist because governments thought that collecting money from people sounded like fun. In fact, many of the government services that people enjoy are either completely or partially paid for by taxes.
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What Happens If I Don’t Pay My Taxes?
You need to be careful because there are a number of different potential penalties and consequences that can arise if you fail to pay your taxes or if you do so incorrectly.
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Taxes in the US: a History and an Overview
Taxes have been part of many different societies throughout history, and they still are a fundamental part of world governance today.
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How to Hit Tax Filing Deadlines
Being prepared may take some effort, but it will be worth it in the long run.
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The 2020 W-4 Changes: How Will It Impact Your Paycheck and Refunds?
Before sending out paychecks, a company is required to withhold payroll taxes for its employees. The amount is based on the federal withholding rate, minus “allowances” (i.e. credits or deductions), such as childcare expenses. Working individuals report these allowances on the Form W-4. However, the IRS is changing paycheck withholding rules because the 2019 W-4 filings created a lot of…
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