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Understanding your taxes and preparing your returns can be enough of a hassle as it is, without having to pay for a professional tax adviser as well.
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Estate tax is collected by the federal government, while inheritance tax is state imposed.
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Major Tax Debt - EPA Removes ‘Major Source’ Provision from Clean Air Act / As the old adage goes, taxes are a fact of life.. In the united states, federal and state governments need money to provide certain services and benefits that we wouldn't otherwise have access to, from so. And if you're reading this article, you're probably curious to know what exactly you're paying for. Debt can sneak up on you and, before you know it, you're overextended with medical bills, student loans and credit card balances. Estate tax is collected by the federal government, while inheritance tax is state imposed. There are many things to learn to become an expert (this is why we have accountants), but the essentials actually are.