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2023-2024 Tax Brackets and Federal Income Tax Rates

Savings Corner

There are seven federal income tax rates in 2023 and 2024: 10%, 12%, 22%, 24%, 32%, 35% and 37%. federal tax rates will remain the same until 2025 as a result of the Tax Cuts and Jobs Act of 2017, but the income thresholds that inform the tax brackets are generally adjusted each year to reflect the rate of inflation [0].

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Bath & Body Works Candle Day 2023 is Here – $9.95 each!

Living Rich with Coupons

Bath & Body Works Candle Day is coming! Bath & Body Works Candle Day has started for Rewards Members! Get Candles for $9.95 + tax! It’s the most wonderful time of year! The LOWEST Price of the year! Use Code CANDLEDAY. You can buy online and pick up in store! You can also shop. Read More

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How to Minimize Taxes in Retirement

Savings Corner

When you’re a retiree, taxes can eat into your available income and leave you with less to live on. It’s important to remember that taxes don’t stop once you’re retired, but you can take steps throughout your working life to minimize your IRS obligations later.

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Capital Gains Tax: Meaning, Rates and Calculator

Savings Corner

If you’re thinking of diving into investing or selling a capital asset, it’s important to get acquainted with the term “capital gains tax” before you begin wheeling and dealing. What is capital gains tax? A capital gains tax is a tax on the profit from the sale of an asset. Tax Filing Webinar: Jan.

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How to Save Electricity While You’re Working at Home

Prairie Eco-Thrifter

It’s not novel news that working from home has become quite the norm these days. labour force now work from home full-time! Many people are starting to like this new normal , however, there is an issue that people working from home are beginning to face every month. The point is to work smart, not long.

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Using Tax Pros Can Be Cheaper Than You Expect

Prairie Eco-Thrifter

Beyond the two well-known certainties of death and taxes, lies the almost-certainty: that doing your taxes yourself will create a world of stress, hours filled with mind-numbing forms and the possibility of a costly error that you will need to pay for in the near future. Accountants live for that in tax season.

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The “Friendship Tax”.

Prairie Eco-Thrifter

In response to the article, the concept of a “Friendship Tax” was introduced to me. But the difference between business and friendship expenses is that one is a necessity and the other is discretionary, which is why I don’t go for the whole “tax” concept. My issue lies with that “norm”, the expectation, the so called “friendship tax”.

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