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Schedule 3 Non-Refundable Credits: Everything You Need to Know Taxes

Schedule 3 Non-Refundable Credits: Everything You Need to Know

Every single Spring, it’s the same thing. Tax season rolls around and millions of Americans stress about making sure their tax returns are correct. Even more than that, plenty of us search every nook and cranny of the tax code for ways to pay as little as possible. For most people, income tax returns are […]

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How Much Money Do You Have To Make To File Taxes? Taxes

How Much Money Do You Have To Make To File Taxes?

Every single year without fail, tax time returns. If you’re already a seasoned tax veteran, then don’t worry. This article probably isn’t for you. However, if you are young and just started your first job or barely made any money last year, you might be wondering “how much money do you have to make to […]

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4 minute read

What is Tax Liability and How Is It Calculated? tax liability Taxes

What is Tax Liability and How Is It Calculated?

You’ve probably heard the phrase before and wondered “what is tax liability?” Simply put, a tax liability is the total amount of tax owed by a person or company to the government. In short, it’s the amount of money owed to the “taxman.” Tax is owed for a lot of different reasons. It’s most commonly […]

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