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What Tax Bracket Am I In?

What Tax Bracket Am I In?

This question often gets asked right as tax season begins. But familiarizing yourself with tax brackets as soon as they get released for the current year is actually the best course of action. Why? Because it is a key factor in determining how much federal income tax...
This Hidden Tax May Cost You: The Nanny Tax

This Hidden Tax May Cost You: The Nanny Tax

Do you have a household employee such as a nanny, a caregiver for an elderly relative, or a live-in housekeeper? Then you may be subject to a hidden tax, often referred to as the nanny tax (although it applies to a variety of household employees, as seen below). What...