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Taxes

Basic look at Tax Allowances

02nd October 2010
Plenty of countries worldwide have increased taxes or reduced tax relief incentives to weather the economic storm. This does not mean that all tax relief is actually claimed back by citizens. It goes without saying that knowing which social benefits and t...
Author: carlainspiration
Taxes

What All Taxpayers Should Know About Early IRA Withdrawals

09th September 2010
Although the purpose of an IRA is to save for the future, it is not uncommon for taxpayers to ‘borrow' money from their account. Unfortunately, there are severe tax penalties that are assessed when you make an early withdrawal. Here are some tax implica...
Author: Roni Deutch