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The recent IRS layoffs have sparked nationwide debate. In the first weeks of the tax season, a wave of IRS firings has left many questioning the future of IRS operations.... Read More
Recently, the IRS Stimulus Check 2024 distribution plan was unveiled to the public. It provides approximately $2.4 billion for the payment of stimulus to about one million... Read More
The Low Income Housing Tax Credit (LIHTC) program is among the tools used in the USA to build affordable housing. So, how does the complex LIHTC program really work, and... Read More
It’s no surprise Florida is consistently one of the most business-friendly states in the country. Its low corporate tax and the list of tax incentives for economic... Read More
Have you ever looked at one of your pay stubs and wondered, “What in the world are FIT taxable wages?” You are not the only one. This term remains one of the... Read More
A Health Savings Account or HSA allows you to make contributions tax free, the savings grow free of tax and can be withdrawn tax free for eligible costs and purchases. But... Read More
You can reduce the amount of your income that is subject to tax through tax deductions. They are based on a range of factors, some fixed by the government and others referring... Read More
Taxes are a fact of life, and we all pay them, so it is a good idea to understand what they are and why they are levied. We are going to answer the question ‘what are... Read More
Tax codes can be confusing and may relate to federal, state or local taxes. So we have taken a look at what is a basic rate tax code, how codes are created, how to find and... Read More
In the event that you don’t pay your tax there are a cascading series of events that can occur. We will go through the consequences of either not filing a tax return... Read More
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![What Is A Basic Rate Tax Code? [Tax 101]](https://www.thepaystubs.com/cms-uploads/media/cache/blog_article_small/files/cms/standalone-content/thumbnail/6490c08e89065997147979.jpg)
![What Will Happen If You Don't Pay Tax? [Ultimate Guide]](https://www.thepaystubs.com/cms-uploads/media/cache/blog_article_small/files/cms/standalone-content/thumbnail/6479bba08cb24721900900.jpg)
