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When the IRS lets you know that you owe taxes, a common and reasonable response is panic, particularly if you owe a lot of money to the government. People often seek help from tax relief services. These firms represent you before the IRS, submit Offer In Compromises, discuss payment plans, innocent spouses relief and other IRS…

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How to Hire Your Kids

As long as they’re doing legitimate work for your business you can hire your kids. As long as they’re doing legitimate work for your business, you can hire your kids and pay each of them up to $12,000 per year tax-free. IT’s  true. And all of this while they earn a little money AND start…

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IRS

Do You Owe The IRS Money? Possible IRS Tax Resolution Strategies to Set Your Mind at Ease Even for honest taxpayers, the IRS can be frightening. Unlike most other government agencies, it has the power to attach your wages, freeze your bank account and even confiscate your property, and that is enough to send a…

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If you have workers in your company you are expected to owe payroll tax.  Based on the size of your payroll you can need to make tax deposits with the IRS as soon as you pay your workers on the day after. Whenever taxes are not paid on time then the IRS imposes interest and…

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Financial Luck

Your Financial Fate Is Not Sealed Your Financial Luck! Would you rather have financial luck or be good with money? Most challenges aren’t just because of unfortunate events. They ‘re usually founded on poor habits. Some may call it luck, but most money challenges can be dealt with with using effective habits. Even a minor unforeseen…

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