What Is a Tax Lien Certificate?
A tax lien certificate is a lien on your property for not paying your taxes. If you fail to pay your taxes off, the county government will auction off your property. The winning bidder …
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Do I Have To Pay My Taxes?
Generally yes. You must pay your taxes every year. Some people may argue that the collection of taxation is unconstitutional, however, it has been ruled that taxation is …
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What Is A Tax Lien?
A tax lien occurs when someone or something fails to pay their taxes on property, gifts, or even estates. A lien is a form of ownership over that property. In some cases, if a lien is …
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Child Tax Credits and Deductions
Federal and state tax laws provide many tax credits and deductions for having children. One of the most common tax benefits for children includes the dependency exemption, or the ability to claim children as dependents on your tax return. Keep in mind, however, that if you have a child with a person to whom you are no longer or never were married, your divorce and/or paternity decree …
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Should You Borrow Money From Your 401k?
It can be frustrating and often frightening when due to unemployment, a recession, or other factors, a person’s available cash is not enough to meet his or her obligations. Sometimes when this happens, a person does have money in his or her 401k plan that could help the person pay his or her bills. However, it is important to understand the potential penalties for borrowing or …
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