3 Pieces Of Taxes For Online Business Owners: Difference between revisions

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Revision as of 08:37, 8 January 2025

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The old adage is crime doesn't pay, only one certainly can wonder sometimes about the truth of it given the number of politicians that find a way to be criminals! Regardless, the fact are usually making money from an offence doesn't mean you wouldn't have to pay taxes. Correct. The IRS wants its unfair share of the ill gotten gains!

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If get a national muni bond fund your interest income will be free of federal taxation's (but not state income taxes). If you buy a state muni bond fund that owns bonds from property state this interest income will be "double-tax free" for both federal while stating income .

Someone making $80,000 every is not really making good of moola. The fed's 'take' is considerably now. Income taxes originally started at 1% for the very rich. And these days the government is about to tax you more.

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