taxdeductions

  • Lifestyle

    Do You Need to File Taxes? Here’s What You Need to Know

    Understanding the IRS Income Thresholds for Filing Taxes If you are wondering whether you need to file a tax return, the first thing you need to know is whether your income exceeds the threshold set by the IRS. The income threshold varies depending on your filing status, age, and other factors. For tax year 2021, the following income thresholds apply:…

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  • Lifestyle

    A Step-by-Step Guide on How to Donate to Goodwill

    The Importance of Donating to Goodwill Donating to Goodwill is not just about getting rid of unwanted items in your home. It is also about giving back to your community and helping people in need. When you donate to Goodwill, your items are sold in their retail stores to help fund their job training and employment programs for people with…

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