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Should You E-File or Paper File Your Annual Tax Return?

Should You E-File or Paper File Your Annual Tax Return?

There are three ways to submit your taxes to the IRS (Internal Revenue Service), e-filing, mailing, or taking your tax return to an IRS tax service center. Most taxpayers choose to e-file because it’s faster, safer, more convenient, more accurate, and generally...
2020 Federal Income Tax Rates for the 2019 Tax Year

2020 Federal Income Tax Rates for the 2019 Tax Year

The IRS (Internal Revenue Service) taxes income using a graduated scale. A tax bracket is the tax rate that applies to a specific range of income. The way it works is the more you earn, the higher your tax rate. Tax rates go from 10% to 37%. Tax brackets vary...