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Taxes are surely one of the most complicated pieces of federal and state documentation that needs to be disclosed during the year. Both individuals, if you’re self-employed, and small businesses can find unwelcome surprises, rises and charges that they didn’t expect at the end of the year. Such a thing does indeed happen often, because … Continue reading "H&R Block Tax Soft
Photo by Consumerist Dot Com Simplifying the complicated nature of tax returns:Undoubtedly, taxes are a complex piece of state and federal paperwork that has to be completed over the course of the year. People who work for themselves, and smaller businesses, often discover nasty surprises, increases and fees that they did not anticipate by the year’s end. These things are a fairly common oc
Bailing On California Due To High State TaxesMany top-earning residents in California are ready to leave for good due to the excessive taxes they are required to pay. From winery owners in Napa Valley to popular sports figures, high-income residents who have been loyal to “The Golden State” are simply fed up.Golfer Phil Mickelson has openly voiced his feelings about the issue and did
Alternative To State Income TaxA trend in tax filing is already taking place in some Republican led Southern and Midwest states. Other states are considering a similar plan to eliminate their state income taxes and replace it with a higher sales tax to make up for loss of revenue. Legislative watchdogs and tax reform experts can only speculate to the success of these new tax reform campaigns.The
Eliminating State Income TaxesWhile Washington continues to struggle with attempts at major changes to the federal tax system, individual states have no such problem.  Many states in the South and Midwest that have single-party legislatures and are Republican-controlled are seeking to do away with the tax filing of state income taxes in favor of higher and more diverse sales taxes.With 37 of the
State Income TaxState Income Taxes Could Possibly be Eliminated by Selective States:Many States are hoping to experiment with their plan to eliminated State tax returns. The States which consist of mainly Republicans are clinging tightly to this idea praying that it is a success.Across the U.S. as well as the South and Midwest, numerous Republicans have gained a majority of control when it comes

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