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Most taxpayers know that income is taxed at different rates, depending on how much the taxpayer has earned in the year. For instance, in 2013 a single taxpayer paid 25 percent on the income he or she earned above about $36,000, and 28 percent on income above about...
Everyone knows that the due date for filing your federal income taxes usually is April 15. But for one reason or another, sometimes taxpayers are unable to file by that date. Sometimes an emergency has arisen that kept you from taking care of it. Or key documents have...
What are Unclaimed Funds?Unclaimed funds are any moneys, rights to moneys, or intangible property held by another person or organization that has not had contact with the owner for a specific amount of time. After the specific amount of time, the funds are then placed...
The IRS has the power to put liens on your property and even seize it outright, garnish your wages and do other things to those it accuses of owing back income taxes. Soon, it will also be able to limit your ability to travel.Fortune reports that, starting in January,...