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firsthomepurchase: Why you need Tax Planning after buying your first home!
- 10/21/19 06:33 PM
You just bought your first home, congratulations! With this new decision comes new responsibilities. More bills to pay during the year that you never paid when you were renting. You probably need more money in your pocket yet you see the same paycheck with those big tax withholding to the IRS and state. You can use that tax money now rather than when you file your taxes at the end of the year. You will need to adjust your tax withholding by requesting a W-4 from your employer and changing your allowances on box 5. The big question is what number … (0 comments)
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You just bought your first home, congratulations! With this new decision comes new responsibilities. More bills to pay during the year that you never paid when you were renting. You probably need more money in your pocket yet you see the same paycheck with those big tax withholding to the IRS and state. You can use that tax money now rather than when you file your taxes at the end of the year. You will need to adjust your tax withholding by requesting a W-4 from your employer and changing your allowances on box 5. The big question is what number … (0 comments)
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