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Is there a rule of thumb on how long someone should keep their financial documents? I have filing cabinets filled with...
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On January 30, 2025, the Internal Revenue Service (IRS) published six top tips to make filing a 2024 tax return easier. The IRS explained these tips are also available on IRS.gov on the “Let us Help you” webpage. Taxpayers are encouraged to use these helpful suggestions to make filing easy this year. 1. Gather Important Tax Paperwork — Taxpayers should have a list of common items needed for filing tax returns. These include Social Security numbers (SSNs) for the individuals on the tax return, your bank account and routing numbers, tax forms such as a W-2s, 1099s, 1098s and...
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A revocable living trust is one of the principal estate planning methods. While everyone should have a will, there are...
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