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Inheritance Tax: Who Pays, How to Calculate, and How to Avoid It

Inheritance tax is paid by heirs who receive assets after a person's death. Learn about the inheritance tax and how it differs from the estate tax. ....

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IRS Scams: How to Avoid Them During Tax Season

Here are 5 of the most common IRS-related scams to watch out for, and what to do if you're a target. ....

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Tax Credit Vs. Tax Deduction: Definitions & How They Work

Tax credits and tax deductions can both lead to a lower income tax bill if you qualify. ....

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Why Do I Owe Taxes This Year? 6 Common Reasons

If your personal or financial circumstances have changed, you may end up owing taxes to the IRS. ....

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Here's What Happens When You Don't File Taxes

Curious as to what happens when you don't file a tax return? We'll run through the possible consequences of not filing taxes. ....

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