Taxes (4)

Thursday, 13 December 2018 08:00

Everything You Need to Know About Tax Brackets

Everything You Need to Know About Tax Brackets

A tax bracket tells you the amount of taxes you’ll pay according to your income. Each bracket covers a range of income amounts and applies a base percentage for tax.

Tuesday, 16 October 2018 08:00

What’s the PATH Act?

The purpose of the PATH Act The Protecting Americans from Tax Hikes Act (PATH Act) has been around since late 2015, and one of its key provisions is intended to protect taxpayers and their families from tax fraud.

Whether you ended up owing a large amount of money to the IRS or simply don’t have the means to pay your IRS bill, having a negative balance on your taxes can be a scary thing.

The Republican tax bill has been what is on everyone’s radar lately, and questions have been asked in many forms: How does the new bill affect me, and when does it start to affect my taxes? Is it set in stone? Will things change before the next tax year?

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