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Company Income Tax Part 2
#TaxTips#TaxesMadeEasy#FinancialLiteracy#MoneyManagement#BeTaxSavvy#TaxCompliance#FIRS#TaxDeadlines#taxation#NigeriaTax#lirs#oirs#nigerianlaw#law#aaLawsng#avielavenantelawpractice
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Are you wondering why you owe so much in taxes this year? Want to make sure you never owe a big tax bill – or any bill at all – when you file your income taxes?
Judging by the amount the average American has over withheld from his or her pay, we’re scared to death of owing the IRS even the smallest amount at tax time.
Overpaying by thousands of dollars “just to be sure” is not the answer. The average tax refund is about $3,000.
That’s a lot of money to be tied up all year, when you could be putting it to better use.
You wouldn’t overpay your electric bill by that much and then think you really scored when you got the excess back.
Why do that with your taxes?
Here are 5 of the most common reasons people find themselves owing extra tax:
1. Too little withheld from their pay
2. Extra income not subject to withholding
3. Self-employment tax
4. Difficulty making quarterly estimated taxes
5. Changes in your tax return
How to fix this?
visit www.scltaxservices.com
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