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2012 Tax Rates Print E-mail
Personal Finance - Taxes
Written by livecheap staff   

Looking for the 2012 Federal Income tax rates. You can use this table to calculate the tax bill that you owe to the IRS. Remember that these tables are the rates that you pay on Taxable income which is certainly less that your gross income. All those deductions and exemptions for everything from your home mortgage interest to your state income taxes, charitable deductions, and even deductions for having kids really do add up. Here's a list of the 2012 U.S. income tax rates:

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2012 Taxes Print E-mail
(4 votes, average 4.25 out of 5)
Personal Finance - Taxes
Written by livecheap staff   
Tuesday, 10 January 2012 20:00

The 2012 taxes are here and there are some major changes especially in the Alternative Minimum Tax. Other provisions like the Child Tax Credit remain the same. Understanding how new IRS rules affect you can potentially save (or cost) you hundreds if not thousands of dollars. Here are the major areas of the tax code for 2012.

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2011 Tax Changes Print E-mail
(30 votes, average 4.27 out of 5)
Personal Finance - Taxes
Written by Karen Shiers, Guest   

2011 TaxesThe 2011 tax changes are here and there are 7 major changes listed below. These changes can potentially save (or cost) you hundreds, if not thousands, of dollars. We look at the income tax changes including tax credits for 2011 that may affect your personal finances in a major way.

Read more: 2011 Tax Changes
 
2011 Tax Rates Print E-mail
Personal Finance - Taxes
Written by livecheap staff   

The 2011 Income tax rates are here.  You can use this table to calculate the tax bill that you owe to the IRS. Remember that these tables are the rates that you pay on TAXABLE income which is certainly less that your gross income. All those deductions and exemptions for everything from your home mortgage interest to your state income taxes, charitable deductions, and even deductions for having kids really do add up. Here's a list of the 2011 income tax rates:

Read more: 2011 Tax Rates
 
The Terrible Economics of Dual Income Print E-mail
Personal Finance - Taxes
Written by Omie Ismail   

Many families understand all too well the burden of having two working parents. Any debate over whether one parent should stay home needs to include an analysis of tax implications. Of course, some households don't have the luxury of engaging in this debate - two paychecks are needed to support the family and they simply can't get by without the extra income. But federal and state tax laws penalize dual income households at such a high rate that when the additional costs of commuting, childcare, and work-related expenses are factored in, many families might discover that the second income is just not worth the hassle.

Read more: The Terrible Economics of Dual Income
 
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