Sales Tax
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States with the Lowest Rate of Income Tax
How much tax we need to pay depends on many factors, like income and marital status, but did you know that there are actually several states where income tax is not collected at all?
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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 Budget for Your First New Car
Shopping for cars is exciting. It’s the doorway to an entirely new world of freedom. You don’t have to rely on anyone for transportation, and you can take that spontaneous cross-country road trip you’ve always wanted to take. In the process of looking at those sparkly and shiny new vehicles, you might have forgotten that you need a specific budget…
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The Best Online Budgeting Tools for Taxes
In a previous article, we outlined the advantages of using online budgeting tools for your taxes. We also discussed how the IRS customer service team may offer free support and guidance. These different tax-preparation methods can save you plenty of money and time, while enabling you to discover new deductions and credits. Some of the most prominent apps include PocketGuard,…
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The Hidden Burden of Sales Taxes
Imagine that you’re in line at the grocery store. As the cashier rings up the other customers’ items, their total payment and sales taxes show up on the register. Meanwhile, when it is your turn, the checkout employee deducts your taxes or refunds you the amount in cash. If you happen to live in one of the states with no…
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