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And finally, give thought to increasing your contribution (or setting up conserving) for your retirement. There's no time like the start of a completely new calendar year to evaluate your money future. Do this and chances are you'll obtain the added benefit of a tax deduction. Extra in this article

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In case you are in receipt of a lump sum of money – how can it be accounted for with your taxes? The government even now considers this wages. Having said that the government may perhaps categorize these as supplemental wages.

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