When starting a business, one of the first crucial decisions owners make is choosing the appropriate legal structure, with “limited liability company” (LLC) and “S corporation” (S Corp) the two most popular options. It’s an important decisi...
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There are nearly 10 million taxpayer delinquent accounts in the U.S. and for those who own their own home, the IRS may place a federal tax l...
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Some taxpayers may be surprised to learn that penalties assessed by the Internal Revenue Service (IRS) are not set in stone, and penalty aba...
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The looming prospects of a recession in the U.S. later this year mean some Americans may eye their 401(k) retirement accounts as a cash life...
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