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Top 10 Outrageous Things You Are Taxed On | You Won’t Believe This

LyfeAccounting

And we’ll be talking about that in today’s post – the 10 most outrageous things you are taxed on. Top 10 Outrageous Things You Are Taxed On. The first one on our list of outrageous things you are taxed on probably never crossed your mind – illegal activities. Let’s dive in! Illegal Activities.

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10 Tips on How To Avoid Paying Taxes in 2022 Legally

LyfeAccounting

We have 10 tips on how you can avoid paying taxes. Because for most people, paying taxes is such a drag, annoying, frustrating… So today, we want to talk about how to avoid taxes and give you 10 legit and legal ways to do so. Now in 2021, you start paying taxes the second you make over $9,875 a year as an individual.

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Top 6 Things to Know About the New Monthly Child Tax Credit

LyfeAccounting

So monthly payments through the new federal enhanced child tax credit will start on July 15, 2021. This child tax credit will go to close to 40 million households, or roughly 90% of children in the United States, according to the IRS. What Is The Monthly Child Tax Credit All About? Now, these are tax credits.

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2024 Accounting Firm Technology Predictions

CPA Practice

which we predict will be mainstream beginning in 2025. Administrative Expansion: While Tax/A&A applications are integrating AI virtual assistant capabilities, they are not available enough for most of us to use this January.

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President Trump vs Biden Tax Plan Proposal in 2020

LyfeAccounting

?. President Trump vs Biden Tax Plan. With the US presidential election is right around the corner, and since we’re an accounting firm that loves taxes, it’s only right that we make a post discussing President Trump’s Tax Plan vs Former Vice President Joe Biden. What an Effective Tax System Looks Like.