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A 1031 exchange is defined under section 1031 of the Internal Revenue Code. This code states that if an asset, usually some kind of real estate like land or building, is sold and the proceeds of the sale are reinvested in a similar kind of asset, then no gain or loss is recognized, permitting the…
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Norway certainly is an interesting country in that taxes are so high it tends to balance out everything. You see if you start making too much money, why produce anymore than you need, you just pay most of it in taxes anyway. Norway has a huge Middle Class, like 98 plus percent or more we are told…
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There is a major difference between a tax preparer and a tax advisor. Tax preparers, although many may advertise that they can save you money with your taxes or get you a better return, their actual job is really focused on the actual paperwork of filing out your taxes. A tax advisor is actually …
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