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Finance

IRS Announces Increase in Standard Deduction for 2023 Tax Year: Is it Right for You?

The standard deduction is a fixed monetary amount that is deducted from your taxable income. The standard deduction for the 2022 tax year is...

February 4, 2023
Itemized Deductions [Photo: Dreamstime.com] Itemized Deductions [Photo: Dreamstime.com]

Finance

Itemized Deductions: Definition and Impact on Taxes

To put it simply, itemized deductions are certain expenses a taxpayer incurred that may reduce the taxable income. In this article, find out more...

February 4, 2023
Tax Liabilities [Photo: FundsNet] Tax Liabilities [Photo: FundsNet]

Finance

Tax Credits And Deductions That Could Reduce Tax Liabilities This 2023

A tax credit directly reduces tax liabilities, while a deduction reduces an income that could be taxed on. In this article, read and find...

February 4, 2023

Finance

Heroes in Cumberland County Rewarded with Tax Credits for Their Dedication to Community Service

Volunteer firefighters and EMS workers in Cumberland County, Pennsylvania have received recognition for their service in the form of payments worth up to $250....

February 2, 2023
Tax Rebates [Photo: Canara HSBC Life Insurance] Tax Rebates [Photo: Canara HSBC Life Insurance]

Colorado

Up To $1,044 Tax Rebates To Roll Out In Colorado— See If You’re Eligible!

Up to $1,044 worth of Property Tax, Rent, and Heat (PTC) rebates will be rolling out in Colorado. Read and find out in this...

February 2, 2023

Finance

No More Credit Score Impact: Tax Liens Now Removed from Credit Reports

American taxpayers who have an unpaid tax lien may be concerned about its impact on their credit score. A tax lien is a legal...

January 30, 2023
Tax Credits [Photo: The Hartford] Tax Credits [Photo: The Hartford]

Finance

2023 Tax Guide For Parents: Know More About Child Tax Credit, EITC

The 2023 tax season provides parents with a bunch of new tax credits and deductions. In this article, read and know more about the...

January 29, 2023

Finance

Last Chance to Pay Winter Taxes Without Penalty: City of Midland Reminder

The City of Midland is reminding property owners that the last day to pay Winter 2022 taxes without penalty is February 14th, 2023. Payments...

January 24, 2023

Finance

Texas Governor Greg Abott in Small Business Having a Tax Break: Government Should Invest Massively

Texas residents may not like to hear this, but businesses also require a property tax break. The largest property tax break ever has been...

January 24, 2023

Finance

$883 Automatic Property Refund for Cook County Homeowners

53,000 Cook County homeowners will receive automatic property tax refunds in the coming weeks for overpaid first installment taxes in 2021. Many property owners...

January 23, 2023
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