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Friday, December 15, 2017
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Software - Turbo Tax by Michael Russell
... The only way Turbo Tax could make doing your taxes any easier would be if it typed in the information for you, which in certain cases it can. More on that later. Actually, if you combine Turbo Tax with another piece of software called Quicken, you can have your taxes done for you with almost no input from you at all. But for those who still collect their strips of paper with their expenses and still have W2 forms and 1099 forms sent to them, Turbo Tax can still save you a lot of time, not ...

IRS Offers Free State Sales Tax Deduction Calculator by Richard Chapo
... If you itemize your tax deductions, you already know that you can claim a deduction for the total state income taxes you paid during the year. Depending on your state, that can be a very large tax deduction. But what if you live in a state that doesn’t collect income taxes? For the last couple of years, you could claim a deduction for the total state and local sales tax you paid on your purchases. In fact, you can do this regardless of whether you live in a state that collects income tax or ...

Child Support Calculators by Kevin Stith
... In order to get the net income, mandatory expenses such as income taxes, Social Security and Medicare tax, union dues, and health insurance dues are subtracted from a parent’s gross income or the amount of income from wages and investments. Aside from net income, there are also different factors considered in determining child support, such as the time spent with the child and the number of children between the parents. Special circumstances are also factored into the formula.

Why You Must Have a Great Website! by Jack Martin
... So when the financial advisor is talking about tax free income or alterative minimum taxes or required distributions from IRAs, the clients are expecting to find supporting content and tools on the website. Remember with seniors there’s a lot of ‘show me’ in their attitudes. They expect to find calculators, so they can see for themselves how much their IRA might shrink from income and estate taxes. They expect to find supporting articles that teach them more about estate tax planning or ...

Back-End Selling by Edmund Loh
... If you ask me, residual (also known as passive income) is the most important type of income of all incomes. Residual income puts money in my pocket without work and effort on my part. It is the right type of income to work for, indeed! And this is the type of income you should go for as an Internet Business owner. You might not realize it but this is also one of the many fantastic reasons why you engaged in an Online Business in the first place. This is the right type of income you should ...

Retirement Calculator by Milos Pesic
... Annual Retirement Income – The amount you need to live on once you retire (after taxes). This amount should cover all living expenses for a year and should not be less than 70 % of your current income if you want to maintain your current standard of living. Annual Yield – It is your expected rate of return. For stocks or mutual funds, consult a prospectus. Other Income – The amount you’ll enter here can include Social Security, employer-funded pension plans, or other external source of income.