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Does Your Child Need to File an Income Tax Return? children tax teens
TAX • READ TIME: 3 MIN
 

As parents, we encourage our children to work, so they can learn important values about work and independence. At what point, if at all, do children...

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How Income Taxes Work tax

TAX • READ TIME: 3 MIN

 

The Internal Revenue Service estimates that taxpayers and businesses spend about 8 billion hours a year complying with tax-filing requirements. To put...

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Counteracting Capital Gains with Tax-Loss Harvesting tax

TAX • READ TIME: 2 MIN

 

Tax-loss harvesting means taking capital losses (selling securities for less than what you initially paid for them) to offset any capital gains you may...

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What Is a 1035 Exchange? tax

TAX • READ TIME: 3 MIN

 

According to the most recent information available, Americans have individual life insurance with a total face value of $12.8 trillion.1

Due to a...

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Filing Final Tax Returns for the Deceased tax

TAX • READ TIME: 4 MIN

 

When a family member passes away, there are many decisions that need to be made and many emotions to handle. The last thing anyone thinks about is...

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How to Appeal Your Property Taxes tax

TAX • READ TIME: 3 MIN

 

Between 30 percent and 60 percent of taxable property has an inflated assessment, which may lead to higher property tax bills. Moreover, typically fewer...

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Tax Efficiency in Retirement retirement tax

RETIREMENT • READ TIME: 4 MIN

 

Will you pay higher taxes in retirement? It’s possible. But that will largely depend on how you generate income. Will it be from...

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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. This material was developed and produced by FMG, LLC, to provide information on a topic that may be of interest. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.