10 Tax Tips Lower Costs And Increase Income
One more week until Tax Morning ,. Have you filed yours yet? I haven't (probably should get on that, actually), upkeep I read in USA Today that roughly 47% of Americans won't even have to worry about paying federal income taxes, I start to wonder if I would even bother. Oh sure, there's the threat of prison time for tax evasion, but really, what's the point if half the damn country isn't going to pay up and log off scot-free?
Conversely, earned income abroad, and passive income from foreign securities, rental, or everything else abroad, could be excluded from U.S. taxable income, or foreign taxes paid thereon, should be employed as credits against U.S. taxes due.
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There are lots businesses and individuals out there doing what they can to avoid paying the HVUT. A few will lie about weight of the vehicle or perhaps register automobile as exempt when will be anything but exempt.
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