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What is FICA tax?

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The FICA tax accounts for a large chunk of your federal income taxes. So what exactly is the FICA tax? Find out.

What is the work opportunity tax credit?

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The work opportunity tax credit encourages businesses to hire people who historically have found it difficult to find jobs. Learn more.

What tax credits exist for disabled persons?

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Disability tax credits are available to disabled persons and those who care for them. Learn more about disability tax credits.

Which is more expensive: Day care or stay-at-home parenting?

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You're certain you and your partner have to work, rather than one of you staying home with the kids. The truth is, it could make more financial sense for one of you to stay home. Let's do the numbers.

How Much Is the IRS Underpayment Penalty?

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The IRS underpayment penalty is based on several factors. Find out how much an IRS underpayment penalty might cost you.

What are the different types of businesses?

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There are many types of businesses, five of which the IRS recognizes. Learn more about taxes and types of businesses.

What is cost basis?

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The cost basis is the amount you have invested in a particular stock or other asset. Learn more about cost basis and how it factors into taxes.

10 Common Miscellaneous Expense Deductions

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The IRS offers quite a few common (and convenient) deductions to help save us the trouble. Learn more about expense deductions at HowStuffWorks.

10 Myths About IRS Audits

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An IRS audit is treated on TV with the same dread as hearing Bigfoot in the forest. Learn more about IRS tax audit myths at HowStuffWorks.

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