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Income is all included in tax forms so the appropriate state and federal taxes can be paid. When payments for goods or services are processed through a third-party network, they must be declared on the tax forms if they reach a certain minimum threshold. The IRS is changing the threshold under new laws, which means…

The end of the year is rapidly approaching. You remain focused on the holidays right now, which is understandable. However, focusing on your taxes is equally as important as now is the perfect time to make certain moves that will reduce your tax burden next year.  Increase 401 (k) Contributions Every person who has an…