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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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Study: Best and Worst States to Hire Workers

Motherhood Moments

CareerCloud today released a study on the Best and Worst States to Hire Workers after analyzing the most recent data from the Census Bureau, BLS, and the Tax Foundation on five factors critical to hiring: business taxes, population increases, educated workers, diversity, and job openings. 45 most favorable business tax policies. ·

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How to Save Electricity While You’re Working at Home

Prairie Eco-Thrifter

labour force now work from home full-time! Since you don’t have office distractions at home, try finding a way where you can complete the work early and not waste time on social media or web surfing. If you make a habit out of removing temptations, you’ll spend less time working and expend less on work-related expenses.

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Giveaway: H&R Block Tax Tips & 5 Readers Win!

For the Mommas

It is tax time. my favorite time of the year. For most people, tax time is very overwhelming. The Child Tax Credit, Child Care Credit and the Earned Income Credit can all mean tax savings for families with one or more children. Child Tax Credit. Dependent Child Exemption.

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50 Best Small-Business Ideas – NerdWallet

Savings Corner

If you have a CPA license, you can help business owners file taxes, generate balance sheets and other accounting documents and make your professional recommendations about your client’s bottom line. Whatever your field of expertise, starting a consulting business is a great way to make a sizable income while working on your own terms.

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Start Saving Early for Retirement: Tips for Young People Just Starting Out

Prairie Eco-Thrifter

These surveys show quite clearly that a huge section of the working population is not making any contribution towards their retirement funding. With the population aging, there simply won’t be enough people working and paying taxes to fund any government support of retirees. The key is the length of time and the regularity of savings.

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Family Office Manager

Family Balance Sheet

Instead, he shared the story about Susan, a wife, and mother who handled all of the financial tasks in her home, from budgeting to making investment decisions. I read this book around the same time that I became a mother and left the full-time workforce to stay at home with our new baby. Pay our bills in a timely manner.

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