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I Got A Letter From The IRS; What Now?

Prairie Eco-Thrifter

Just recently ago I opened the latest one, which had to do with my 2010 tax return. When I first opened the letter, the first page said that I owed them $33,000 in taxes! See, the IRS uses optical scanners to read all the tax forms that employers and tax payers send in to them. How could this have happened?

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Why We Left Traditional Health Insurance

Family Balance Sheet

This post is not meant to be taken in a political way. Any comments that I deem political will not be approved, but I do welcome your honest feedback and comments regarding your situation, whether good or bad. We had a deadline of 12/15/16 to make a decision if we wanted coverage by 1/1/17 or we could face the tax penalty, or worse.

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Career Planning: Hot Jobs in the Next Few Years

Prairie Eco-Thrifter

In fact, you may be working on an online political science degree with the intent to become a lawyer. They say there will always be death and taxes, which makes becoming an Accountant a secure job. Accountants perform an array of tasks from tax preparation to analyzing their clients’ financial situations. Accountant.

College 100
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Unintended Consequences

Prairie Eco-Thrifter

A person, trying to help a family member figure out how to pay taxes on their home and thus be able to keep possession of the fully paid off home suggested that the family member take in a roommate to earn some extra money. The intention was to get some extra money and get the real estate taxes paid. Don’t you hate politics!

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Current Mortgage Rates: Compare today’s rates | NerdWallet

Savings Corner

Each payment includes a combination of principal and interest, as well as property taxes, and, if needed, mortgage insurance. Global political worries can move mortgage rates lower. A mortgage is set up so you pay off the loan over a specified period called the term. The most popular term is 30 years. The global economy.

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Additional Income Needed: Work for Others or Yourself?

freestuff.tv

If you have a business license, those expenses are legitimate tax deductions with the IRS, but without the license, the IRS considers your endeavor a hobby, and no related expenses are tax deductible. If you abstain or delay into a new quarter, the expenses during the prior quarter are not tax deductible.

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Carnival of Financial Planning – Money Management Edition #236 – May 11, 2012

Prairie Eco-Thrifter

PFP presents Investment Tax Management posted at Pasadena Financial Planner , saying, ” As you move your cash, bond, and stock financial assets into lower cost, more broadly diversified investment mutual funds and/or ETFs, you should also consider how to “locate” your investment asset allocation with respect to more optimal taxation.”

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