Understanding tax strategies and managing your tax bill should be part of any sound financial approach. Some taxes can be deferred, and others can be managed through tax-efficient investing. With careful and consistent preparation, you may be able to manage the impact of taxes on your financial efforts.
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Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative.
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For homeowners who think their property taxes are too high, there are ways to appeal.
Five overlooked tax deductions to help manage your tax bill.
The tax rules governing profits you realize from the sale of your home have changed in recent years.
Check out this handy reference of updated ranges from the IRS in case your designated bracket has changed.
Use this calculator to estimate your capital gains tax.
Assess how many days you'll work to pay your federal tax liability.
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Use this calculator to assess the potential benefits of a home mortgage deduction.
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