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2017 tax return

Why Should I File A Tax Return?

April 28, 2018

Filing a tax return may seem unnecessary, especially if you have little or no income and no tax to pay. However, taxpayers should understand that filing a tax return is not only about reporting one’s earned income, but also about being able to claim the various tax credits and deductions available. The following is a...

US Taxes

Best Time To Estimate 2018 Tax Payment Is While Filing 2017 Tax Return

April 18, 2017

Paying lump-sum taxes can be a huge burden on one’s cash flow. To prevent such a scenario, the U.S. Internal Revenue Service (IRS) encourages taxpayers to make estimated advance instalment tax payments. Generally, taxes must be paid as you earn or receive income during the year. For employees, the employer withholds taxes from their wages...