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Month: August 2015

IRS Offers Tax Guidance On Free Identity Theft Protection Services

Kelly Phillips ErbAugust 14, 2015

There’s no question that identity theft is a problem in the United States. A 2015 study released by Javelin Strategy & Research found that there

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Fix The Tax Code Friday: Letting Go Of Tax Deductions

Kelly Phillips ErbAugust 14, 2015

It’s Fix The Tax Code Friday! One of the points that was stressed repeatedly in the presidential debates is the complexity of the Tax Code.

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Tax Collections Hit Record Highs With No Dip In Spending

Kelly Phillips ErbAugust 13, 2015

With two more months left to go in the fiscal year, the feds are on a roll. Tax revenues for the first ten months of

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Defendants Sentenced For Stealing 9,000 Identities, Including Army Soldiers

Kelly Phillips ErbAugust 11, 2015

Identity theft related tax fraud continues to be a problem in the United States, even as the Internal Revenue Service (IRS) and law enforcement cracks

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Harper Says No To Netflix Tax In Canada Even Though It Already Exists

Kelly Phillips ErbAugust 11, 2015

No “Netflix tax” in Canada. That was the word from Canadian Prime Minister Stephen Harper. Harper promised not to tax streaming services last week, saying,

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Gun & Ammo Tax Aims At Reducing Violence In Seattle

Kelly Phillips ErbAugust 11, 2015

If you’re a gun owner (or hoping to be) in the city of Seattle, it’s going to cost you: Seattle City Council has unanimously approved

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Our Current Tax v. The Flat Tax v. The Fair Tax: What's The Difference?

Kelly Phillips ErbAugust 7, 2015

The GOP Debate last night was big on drama but short on specifics – especially when it came to the economy. Almost all of the

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Live Blog: The GOP Debate

Kelly Phillips ErbAugust 6, 2015

With an ever growing GOP presidential candidacy field, debates for potential candidates were divided into two time slots. The most popular slot will be the

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Live Blog: The Early GOP Debate

Kelly Phillips ErbAugust 6, 2015

There are two GOP presidential debates today. The first is at 5:00 pm. Candidates involved in the early debate include Texas Gov. Rick Perry, former Pennsylvania

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Failure To File Tax Returns May Result In Loss Of Affordable Health Care

Kelly Phillips ErbAugust 6, 2015

In any given year, about 7% of taxpayers will opt to file an extension for filing their individual federal income tax returns. For 2015, nearly

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