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The budget breaks your money up into three simple chunks: needs, wants and debt and savings. Sounds simple, right?
The 50/30/20 rule is based on directing 50% of your income toward necessities, 30% toward disposable income and 20% toward savings. Using this type of percentage-based budget can help you...
Only 30% of Americans have a plan to minimize the taxes they pay on their retirement savings — how to keep your hard-earned cash away from Uncle Sam when you stop working. Many people have a ...
A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. [1] It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases.
There is no federal sales or use tax in the United States. All but five states impose sales and use taxes on retail sale, lease and rental of many goods, as well as some services. Many cities, counties, transit authorities and special purpose districts impose an additional local sales or use tax.
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The American Recovery and Reinvestment Act of 2009 ( ARRA) ( Pub. L. 111–5 (text) (PDF) ), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession, the primary objective of this federal statute was to save ...
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