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Will paying $30,000 toward my child's wedding trigger the gift tax?
Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have ...
Federal tax credits come in a number of flavors, including refundable, nonrefundable and partially refundable. Here’s what you should know heading into tax season.
Although paying taxes is a fact of life, the IRS offers taxpayers the ability to reduce what they owe via various tax credits and tax deductions. A tax credit reduces the amount of taxes you owe ...
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