Most Recent Manage Money News

Are Political Donations Tax Deductible? 

Are Political Donations Tax Deductible? 

Political donations are a vital part of democratic systems, empowering individuals to support their preferred candidates, parties, and causes. As...

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How Does Self-Employment Tax Work? 

How Does Self-Employment Tax Work? 

If you’re self-employed, you likely know that managing your taxes can feel more complicated than simply having an employer deduct...

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How to Earn Money as an IRS Whistleblower 

How to Earn Money as an IRS Whistleblower 

The IRS Whistleblower Program is an initiative that rewards individuals who report tax noncompliance to the IRS, potentially leading to...

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GoFundMe: How are Donations Taxed?

GoFundMe: How are Donations Taxed?

Crowdfunding is the act of funding a project by collecting small donations from a large number of individuals, often via...

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How Long Does an Offer in Compromise Take? 

How Long Does an Offer in Compromise Take? 

If you’re facing significant tax debt and struggling to make ends meet, the Offer in Compromise (OIC) process may offer...

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Which States Have No Income Tax? 

Which States Have No Income Tax? 

As tax season approaches, individuals and businesses alike are often searching for ways to minimize their tax burden. One way...

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How Tax Relief Works | Optima Tax Relief

How Tax Relief Works | Optima Tax Relief

Owing the IRS can be one of the most stressful situations a taxpayer can face. Recent data shows that American...

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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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