Most Recent Manage Money News

What Happens If I Don’t Pay State Taxes? 

What Happens If I Don’t Pay State Taxes? 

Failing to pay your state taxes can lead to a range of consequences, depending on the state you live in...

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What Are Tax Amnesty Programs?

What Are Tax Amnesty Programs?

Tax amnesty programs are special, time-limited initiatives offered by governments—both federal and state—that give taxpayers the opportunity to settle their...

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Is Debt Canceled Through an OIC Taxable? 

Is Debt Canceled Through an OIC Taxable? 

When taxpayers struggle with large amounts of tax debt, an Offer in Compromise (OIC) can offer a much-needed lifeline. This...

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What is IRS Letter 3219N? 

What is IRS Letter 3219N? 

The IRS uses a variety of letters to communicate with taxpayers about their tax obligations. One such letter is IRS...

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Tax Checklist for Starting a Business 

Tax Checklist for Starting a Business 

Starting a business can be an exciting yet challenging endeavor. While the focus is often on building a product or...

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What is a Cafeteria Plan? 

What is a Cafeteria Plan? 

A cafeteria plan, also known as a Section 125 plan, is an employee benefit program that allows workers to choose...

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Can I Buy a House if I Owe Back Taxes?

Can I Buy a House if I Owe Back Taxes?

Buying a house is an exciting milestone in life, representing stability, investment, and the fulfillment of a dream. However, for...

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How are Partnerships Taxed?  | Optima Tax Relief

How are Partnerships Taxed?  | Optima Tax Relief

Partnerships are a popular business structure for entrepreneurs looking to combine resources, expertise, and share profits. However, the taxation of...

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How Worker Classification Affects Taxes 

How Worker Classification Affects Taxes 

Understanding worker classification is crucial for both employers and workers, as it directly affects tax obligations and benefits. The way...

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What is the Gift Tax Exclusion? 

What is the Gift Tax Exclusion? 

When it comes to transferring wealth, the gift tax exclusion is a valuable tool for individuals looking to pass on...

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