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How do Mortgage Interest Deductions Help Homeowners?

Buying a home is one of the most significant financial decisions most people make in their lifetime. Homeownership is often seen as a symbol of success and stability, but it also...

How Does the IRS Calculate Penalties & Interests?

Taxpayers who fail to comply with tax laws may be subject to penalties and interest charges by the Internal Revenue Service (IRS). Penalties and interest can quickly increase...

Posted 05/31/2023 by Taxes Made EZ Inc

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Current HSA Contribution Rules & Limits

Health Savings Accounts (HSAs) are tax-advantaged accounts that allow individuals to save for medical expenses. HSA contributions are tax-deductible, and the funds in the account...

Posted 05/31/2023 by Pat Raskob

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Examples of Miscellaneous Expenses

The term "miscellaneous expense" refers to a broad range of expenses that individuals and businesses may incur throughout the course of their operations. While some...

Posted 05/31/2023 by KLSM CPA Firm PLLC

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