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440
(7 votes, average 4.71 out of 5)
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Personal Finance -
Taxes
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Written by Karen Shiers, Guest
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Wednesday, 14 July 2010 03:40 |
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It seems that just when you think you understand all of the tax laws on the books, things change making it necessary to start the learning  process all over again. It is important to understand and note the tax changes for 2011 as these changes can have a significant impact on what you receive in a refund or owe as a tax liability. Understanding how tax laws affect you can potentially save (or cost) you hundreds if not thousands of dollars. Many of the tax cuts that were enacted by President Bush in 2001 and 2003 are due to expire, resulting in significant changes in the next year. Here we look at the 2011 tax changes that may affect your personal finances in a major way.
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Read more: Important 2011 Tax Changes
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307
(6 votes, average 4.67 out of 5)
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Personal Finance -
Taxes
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Written by Ahmed Amr
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Friday, 02 April 2010 05:37 |
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Let me give you an idea of how a little knowledge about the tax code can save you money each and every year. If you're getting a tax refund this year, you’ve done something terribly wrong. If the IRS  is writing you a check - it’s because they’ve been withholding too much from your pay check. That means you gave Uncle Sam an interest free loan and don’t flatter yourself - you didn’t do it out of patriotism. Like most people who get a refund, you failed to tell your employer that you have a dozen kids and want to increase the number of exemptions. That's how you get your employer to withhold less money from your paycheck. You don’t actually have to have the little darlings in your possession and you don’t get to claim them when it’s time to file - unless you’re a champion breeder with four sets of triplets.
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Read more: File Late and Make Sure You Owe The IRS Money
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267
(6 votes, average 4.33 out of 5)
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Personal Finance -
Taxes
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Written by Omie Ismail
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Tuesday, 02 March 2010 02:54 |
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One of the key problems with coming to terms with our huge national debt - which is now over $12  trillion dollars - is that most people can't fathom it. A trillion is such a big number that nobody can really get their arms around it. And we have 12 of those trillions in debt. Here are 7 ways of visualizing the national debt to give you insight into how obscenely large it is.
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Read more: The National Debt: 7 Different Ways to Visualize How Big it Is
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236
(2 votes, average 5.00 out of 5)
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Personal Finance -
Taxes
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Written by livecheap staff
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Saturday, 23 January 2010 03:26 |
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As we watch the calamity that has befallen our impoverished neighbors in Haiti, many of us are scrambling for ways to help. And we certainly encourage people to focus their gaze on Haiti and remember that "There but for the grace of God, Go I."
Having the financial ability to help those in need or in distress is one of great benefits of living sensibly and watching your money. That extra firm financial cushion you build can always be used to comfort others and give them a helping hand. But how do you determine if the charity you donate to uses your funds to efficiently distribute aid? The recent earthquake in Haiti has people asking just that question. Here are some of the ways you can evaluate which charity will make the most of your donation to Haiti.
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Read more: How to Donate Money to Haiti
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222
(1 vote, average 5.00 out of 5)
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Personal Finance -
Taxes
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Written by livecheap staff
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Friday, 08 January 2010 08:39 |
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If there's one group of entities that you want to pay on time, it has to be federal, local and state governments. From city hall all the way up to the IRS, governments exert the power of their monopolistic franchise and penalize those who can't pay on time with exorbitant late fees. With penalty rates that can approach 1,000% annualized for being late, governments make the credit card companies look like charities. If you are deciding which bills to pay first this month, make sure that your government bills are at the top of the list.
Here are some of the most common egregious government late fees:
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Read more: Government Late Fees: They Make a Loan Shark Blush!
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