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| | humbledollar.com
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| | KEY PROVISIONS IN 2017's Tax Cuts and Jobs Act (TCJA) will expire in 2026 unless Congress steps in. That means folks have a two-year window to prepare. What's at stake? Income-tax rates will increase for many taxpayers. This creates an incentive to boost income over the next few years by, say, undertaking Roth conversions to shrink traditional retirement accounts and thereby lowering future required minimum distributions. The sunsetting of key TCJA provisions would also cut the threshold for federal estate taxes in half,
| | www.successfulindependentconsulting.com
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| | As an independent consultant, what can you do to lower your tax bill? Maximize your tax deductions for this year and take steps to reap tax-saving benefits every year. This article touches on the first and explores the second in depth. #PayLessTax #IndependentConsulting
| | engaging-data.com
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| | This interactive, visualization shows you how your income is split into the various tax brackets for both regular and capital gains taxes.
| | www.successfulindependentconsulting.com
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| The economic fallout from the COVID-19 pandemic has been drastic for many business sectors. For independent consultants, self-employed professionals, and solopreneurs, the effects are likely to be more gradual but our income will likely be affected. This article explains your options for cash-flow relief like small business loans, and how to start the process. #IndependentConsulting