Tax
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Who's responsible for paying Business Taxes?
When a government imposes a tax on corporate profits, the immediate assumption is that the corporation bears the full weight of this tax....
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Filing Your Income Tax Returns Online With LHDN: A Step-By-Step Guide
As the May 15 deadline for filing personal income tax returns approaches, many Malaysians are turning to the Inland Revenue Board of Malaysia's...
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Expert Tips to Prevent Mistakes and Sidestep IRS Audits
Tax season is a marathon, not a sprint. With the average person spending upwards of nine hours preparing their return, the opportunity for...
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Tips and tricks for the best tax refund
Filing your annual tax return can be a daunting task, often compared to visiting the dentist. However, with the right strategies, you can...
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An overlooked retirement savings strategy that can reduce your tax bill
Retirement planning is a crucial aspect of financial security, yet many people overlook some of the most beneficial strategies available. One such strategy...
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Why more Americans are owing the IRS money
The landscape of tax season has shifted dramatically for many Americans. Instead of the anticipated refunds, a growing number of taxpayers are facing...
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The hidden costs of being tax-free
Navigating the world of tax-exempt status can be a double-edged sword. While the allure of being free from tax obligations is strong, it’s...
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A proactive guide to tax return preparation
Filing your tax return early offers several benefits, including faster refunds, reduced risk of identity theft, and more time to gather necessary documents....
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Everything you need to know about paying estimated taxes
In the complex world of taxation, estimated tax payments often raise numerous questions for taxpayers. Whether you're self-employed, a freelancer, or have significant...
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If you hire your own kids this summer, you might get a tax break
As summer approaches, small business owners and self-employed individuals are exploring innovative ways to optimize their tax strategies. One method gaining traction is...
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IRS customer service overhaul: Reduced wait times and enhanced digital tools
The IRS has long been a source of frustration for taxpayers, especially during the busy tax season. However, recent improvements have significantly enhanced...
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IRS struggles to assist taxpayers: Two-thirds of calls go unanswered
Millions of taxpayers reach out to the Internal Revenue Service (IRS) every year, seeking help with their tax-related queries. However, the reality of...
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Smart year-end moves for smart investors to get the most tax breaks
As the calendar year winds down, it's time for investors to take a critical look at their portfolios and consider some smart tax...
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