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The United States has a multi-layered income tax system under which taxes are enforced by state, federal and most local governments. State and federal income taxes are calculated by applying a [...]

For most individuals, the 1040EZ is the first tax form you’d ever fill out. For example, if you are a young adult with a part-time job that files tax returns at the end of the year. In this case, [...]

As you may already have encountered, every tax return is different. Each year you may ask yourself what you can claim on your taxes when it comes to tax deductions or breaks. The good news is [...]