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Understanding Marginal Income Tax Brackets March 1, 2021

By any measure, the United States tax code is huge. It is almost 75,000 pages with footnotes. 1 High Bracket In 1944, the highest federal income tax bracket was 94%. It applied to all income above $200,000 a year and applied to all taxpayers, regardless of filing status. ...

Understanding Marginal Income Tax Brackets March 1, 2021
By any measure, the United States tax code is huge. It is almost 75,000 pages with footnotes. 1 High Bracket In 1944, the highest federal income tax bracket was 94%. It applied to all income above ...
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A Brief History of Estate Taxes February 26, 2021
Federal estate taxes have been a source of funding for the federal government almost since the U.S. was founded. For Richer or Poorer Regardless of your net worth, it's critical to understand your ...
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Avoid Family Feuds When Distributing Assets February 25, 2021
In the days after a person dies, some family members may decide to take matters into their own hands. These individuals may have a key to the home and decide they are going to take items they want. ...
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Digital Banking is Revolutionizing the Banking Industry February 23, 2021
The percentage of retail bank customers who access banking services daily via desktop apps has nearly doubled during the COVID-19 pandemic, according to BAI, a banking association. Rather than risk ...
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Important Tax Figures for 2021 February 12, 2021
The following table provides some important federal tax information for 2021, as compared with 2020. Some of the dollar amounts are unchanged and some changed only slightly due to inflation. Social ...
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Contract Jurisdiction: Where Will a Dispute Be Heard? January 29, 2021
Contract Jurisdiction: Where Will a Dispute Be Heard? Years ago, many companies dealt with vendors, suppliers, customers and others that were located in the same geographic area. Today, it's not ...
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