Business & Money How-To Videos & Articles « Wonder How To

How to get free help and information about filing your taxes

Fri, 14 Jan 2011 23:21:36 GMT

Before you pull ALL your hair out, know that you can get help, quickly and easily, to all your income tax filing questions. This short how-to from the IRS gives you the information you need on where to look, who to ask, and how to get help filing your income tax return.

Watch the how-to video for How to get free help and information about filing your taxes on WonderHowTo.

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How to determine if you need to file a tax return

Fri, 14 Jan 2011 23:18:13 GMT

Every year, thousands of people ask the IRS, "do I need to file a tax return?" Well, the answer is usually yes, but this short how to from the IRS talks about a few exceptions to the rule, so that you can make sure you're doing the right thing.

Watch the how-to video for How to determine if you need to file a tax return on WonderHowTo.

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How to choose someone to prepare your taxes for you

Fri, 14 Jan 2011 23:14:21 GMT

If you're tired of slogging through your taxes every year, you may be ready to hire someone to do the dirty work for you. This short info vid from the IRS tells you what to look for in a tax preparer, and what your responsibilities still are.

Watch the how-to video for How to choose someone to prepare your taxes for you on WonderHowTo.

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How to take advantage of the small employer, non profit health care tax credit

Fri, 14 Jan 2011 23:10:10 GMT

If you're a small business owner or a tax exempt organization who provides health coverage for your employees, you may be eligible for a tax credit. This short info vid from the IRS, tells you who is eligible and how to go about getting what you deserve.

Watch the how-to video for How to take advantage of the small employer, non profit health care tax credit on WonderHowTo.

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How to report your part-time or summer job income info to the IRS

Fri, 14 Jan 2011 23:07:13 GMT

It may only be $5.75 an hour, but that part-time, or summer job is still taxable and must be reported to the IRS. This short how to tells you how to go about doing it, and why it's important it get done.

Watch the how-to video for How to report your part-time or summer job income info to the IRS on WonderHowTo.

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How to purchase savings bongs with your US tax return

Fri, 14 Jan 2011 23:02:18 GMT

If you've just gotten your US income tax return and you're looking for somewhere to invest, this short how-to from the IRS will show you how to easily purchase up to $5000 in savings bonds with a form 8888 when doing your income tax return.

Watch the how-to video for How to purchase savings bongs with your US tax return on WonderHowTo.

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How to use the IRS Online Payment Agreement system

Fri, 14 Jan 2011 22:59:23 GMT

If you've set up a way with the IRS to pay off your taxes, you may want to consider signing up for the new Online Payment Agreement. This simple method lets you pay from your home computer and you can even set up direct debit for even more convenience.

Watch the how-to video for How to use the IRS Online Payment Agreement system on WonderHowTo.

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How to locate your missing tax refund

Fri, 14 Jan 2011 22:55:32 GMT

Wait, weren't you supposed to be getting a tax refund? If you're still waiting, you may need to get online and check out where it is with the IRS. In this short info vid from the IRS, find out how to get the location of your tax return.

Watch the how-to video for How to locate your missing tax refund on WonderHowTo.

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How to exclude forgiven mortgage debt on your income tax return

Fri, 14 Jan 2011 22:53:01 GMT

Every year changes are made to the US tax code. This short info vid from the IRS will tell you about filing your taxes when you've received morgtage forgivness. Check it out, because you may not need to claim it as income on your return.

Watch the how-to video for How to exclude forgiven mortgage debt on your income tax return on WonderHowTo.

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How to use alternatives to traditional paper tax filing

Fri, 14 Jan 2011 22:17:06 GMT

This IRS is no longer sending out individual and small business paper forms for filling, but, there are still many options for how to file your taxes. This short how-to by the IRS tells you what many of your options are and where to access them.

Watch the how-to video for How to use alternatives to traditional paper tax filing on WonderHowTo.

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How to apply for an EIN (Employer Identification Number) online

Fri, 14 Jan 2011 22:12:21 GMT

If you're a business, large or small, you'll need an EIN (Employer Identification Number) before you can start hiring workers. This short info vid from the IRS tells you how you can apply for an EIN, quickly and easily right online.

Watch the how-to video for How to apply for an EIN (Employer Identification Number) online on WonderHowTo.

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How to register to watch and earn continuing ed credits with IRS Live

Fri, 14 Jan 2011 22:08:59 GMT

If you're a tax prepaper or someone simply fascinated by the wolrd of taxation, you'll want to register to watch the IRS' free tax webinars. By watching, you may also be eligible for continuing education credits. Check it out and bone up on your 1040 info.

Watch the how-to video for How to register to watch and earn continuing ed credits with IRS Live on WonderHowTo.

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How to get tax credits for energy improvements to your main home

Fri, 14 Jan 2011 22:03:57 GMT

If you've made improvements to your house, you may be eligible for Energy Credits when filing your yearly tax return. Watch this video by the IRS to see who and what qualifies.

Energy credits from the 2009 Recovery Act are still available for taxpayers in 2010. Those who make qualified energy improvements to their main homes this year may get a tax benefit when filing in 2011.

Watch the how-to video for How to get tax credits for energy improvements to your main home on WonderHowTo.

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How to start paying your tanning excise tax on your business tax filing

Fri, 14 Jan 2011 22:01:03 GMT

If you run a tanning salon, you'll want to get up to speed with changes in the tax code that will effect your business. This short info vid from the IRS details when to start collecting those taxes and when you need to start paying.

Watch the how-to video for How to start paying your tanning excise tax on your business tax filing on WonderHowTo.

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How to stay current with new tanning services excise tax

Fri, 14 Jan 2011 21:57:39 GMT

If you're a service offering UV tanning to your clients, you'll need to be aware of changes in tax laws that have gone into effect. This info vid by the IRS lets you know what the new tax is, and when you'll need to start collecting it.

Watch the how-to video for How to stay current with new tanning services excise tax on WonderHowTo.

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How to use the PTIN (Preparer Tax Identification Number)

Fri, 14 Jan 2011 21:41:26 GMT

If you are paid to help prepare all or most of a Federal Tax return, you'll want to watch this video by the IRS to get up to speed with current changes in the law. This video covers the PTIN (Preparer Tax Identification Number) and how to use it.

Watch the how-to video for How to use the PTIN (Preparer Tax Identification Number) on WonderHowTo.

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How to use the IRS withholding calculator

Fri, 14 Jan 2011 21:37:42 GMT

If you're trying to make sure that enough taxes are being taken out of your paycheck to avoid a hefty tax bill at the end of year, check out this video from the IRS and learn how to use their withholding calculator.

Watch the how-to video for How to use the IRS withholding calculator on WonderHowTo.

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How to file an amended tax return (Form 1040-X)

Fri, 14 Jan 2011 21:30:16 GMT

If you think you may have goofed on your tax return, you're going to want to file a 1040-X, which is an amended tax return. This quick video by the IRS shows how to do it, for this, or any of the previous 3 years.

Forgot to claim a credit or need to correct your tax return? These tips will make amending your return a breeze.

Watch the how-to video for How to file an amended tax return (Form 1040-X) on WonderHowTo.

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How to consider various health care programs for HCTC eligibility

Fri, 14 Jan 2011 21:22:52 GMT

If you plan on receiving the HCTC (Health Care Tax Credit) you'll want to watch this IRS video for information on which health care providers are eligible to get you the tax credits. You'll also learn about COBRA and pre-existing conditions.

Watch the how-to video for How to consider various health care programs for HCTC eligibility on WonderHowTo.

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How to understand the 2011 changes to the FSA prescription benefits

Fri, 14 Jan 2011 21:17:30 GMT

If you're part of the FSA (Flexible Spending Arrangement) you'll want to know about changes that took affect Jan 1, 2011. In order to get the benefits you expect, check out this how-to from the IRS. Stay informed, stay healthy.

Watch the how-to video for How to understand the 2011 changes to the FSA prescription benefits on WonderHowTo.

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How to keep your small charity tax exempt status

Fri, 14 Jan 2011 21:12:54 GMT

If you're a small charity who currently enjoys a tax exampt status, and yet you've neglected to file your tax returns for three consecutive years, you're in risk of losing that tax exempt status. Check out this info vid from the IRS to make sure you're keeping Uncle Sam happy.

Watch the how-to video for How to keep your small charity tax exempt status on WonderHowTo.

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How to receive HCTC (Health Coverage Tax Credit) benefits

Fri, 14 Jan 2011 21:09:05 GMT

If you've been laid off you may be eligible for the HCTC (Health Coverage Tax Credit) benefits. Check out this info vid from the IRS, which includes a scrolling, interactive transcript for clear, step by step instructions.

Find out who is eligible for the HCTC, what the benefits are and how your family members also may be able to stay covered.

Watch the how-to video for How to receive HCTC (Health Coverage Tax Credit) benefits on WonderHowTo.

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How to write off summer day camp expenses when filing your tax return

Fri, 14 Jan 2011 20:57:31 GMT

If your child in enrolled in a full time, summer day camp, you may be eligible for deductions when it comes time to prepare you tax return. Find out what qualifies you and what benefits you may be eligible for.

Watch the how-to video for How to write off summer day camp expenses when filing your tax return on WonderHowTo.

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How to use the Electronic Federal Tax Payment System

Fri, 14 Jan 2011 20:53:25 GMT

If you're a small business owner, you need to stay up to date with information regarding your tax filings. This info vid from the IRS
can help. If you're required to make Federal Tax Deposits, you must use the Electronic Federal Tax Payment System effective January 1, 2011. Banks will no long accept Federal Tax Deposit coupons.

Watch the how-to video for How to use the Electronic Federal Tax Payment System on WonderHowTo.

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How to become an authorized IRS e-file provider

Fri, 14 Jan 2011 19:55:51 GMT

If you're looking to become an authorized IRS e-file provider, you'll want to watch this info vid straight from the mouth of the IRS. The e-file option has become crucial in the world of tax preparation, so check this video out and get certified.

Watch the how-to video for How to become an authorized IRS e-file provider on WonderHowTo.

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How to file jointly after you get married

Fri, 14 Jan 2011 19:45:25 GMT

This short info vid from the IRS gives you a taste of the things you'll need to know as you begin to file taxes as a married couple. Things change as a married entity and you'll want to be sure to get all the benefits you can.

Watch the how-to video for How to file jointly after you get married on WonderHowTo.

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How to take advantage of the 2010 HIRE Act when filing your small business tax return

Fri, 14 Jan 2011 19:41:43 GMT

If you hired new workers after Feb 3 2010 and before Jan 1, 2011, you may be eligible for a new 6.2% payroll tax exemption credit. There are other qualifying factors, so check out the IRS' website for more information on the new HIRE act.

Watch the how-to video for How to take advantage of the 2010 HIRE Act when filing your small business tax return on WonderHowTo.

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How to protect your tax information in case of disaster

Fri, 14 Jan 2011 19:36:21 GMT

It took you forever to prepare those tax returns, and one flood or fire could leave you without all your hard work and information. This helpful video from the IRS gives you some tips to protect those documents so when Mother Nature strikes, your tax documents will be safe and sound.

Watch the how-to video for How to protect your tax information in case of disaster on WonderHowTo.

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How to start a retirement plan for your small business employees

Fri, 14 Jan 2011 19:32:28 GMT

If you're looking to start a retirement plan for your employees, this how to from the IRS is a great, informative video. Everyone knows that keeping great employees is essential to staying competitive and growing in today's business world. Find out how to start a retirement plan to keep those great workers right there where they are.

Watch the how-to video for How to start a retirement plan for your small business employees on WonderHowTo.

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How to be a better tax preparer with the 2010 Nationwide Tax Forum seminars

Fri, 14 Jan 2011 19:26:26 GMT

Death and taxes. Fortunately you only need to worry about one of them. In this info vid from the IRS, learn how you as a tax preparer can get up to 18 continuing education credits by participating in the 2010 Tax Forum seminars, available across the nation.

Watch the how-to video for How to be a better tax preparer with the 2010 Nationwide Tax Forum seminars on WonderHowTo.

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How to qualify for the small business employer health care tax credit

Fri, 14 Jan 2011 19:21:02 GMT

Filing taxes as a small business employer can be a real trick. This info vid from the IRS helps clarify a few things to make sure you're getting the deductions you deserve.

Starting in 2010, small employers that provide health insurance coverage to their employees may qualify for a special tax credit. "Small Business Health Care Tax Credit " provides more information about the health insurance cr

Watch the how-to video for How to qualify for the small business employer health care tax credit on WonderHowTo.

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How to get and properly file the Making Work Pay tax credit on your taxes

Fri, 14 Jan 2011 19:17:11 GMT

Tax forms are notoriously tricky, so make sure you get the info you need to file correctly and stay out of trouble with Uncle Sam. Learn about the Making Work Pay tax credit by viewing "Recovery: Economic Recovery Payment."

Watch the how-to video for How to get and properly file the Making Work Pay tax credit on your taxes on WonderHowTo.

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How to get an extension to file your tax return

Fri, 14 Jan 2011 19:13:45 GMT

You're life is busy and you just can't seem to file your tax return on time. Not to worry. With this helpful little video from the IRS itself, learn how to file for an extension on your tax return. Remember, an extension to file is NOT an extension to pay.

Watch the how-to video for How to get an extension to file your tax return on WonderHowTo.

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How to file your tax return even if it's the last minute

Fri, 14 Jan 2011 19:11:08 GMT

Uh oh, tax deadline is looming again and you've waited till the very last minute. Don't worry, you have options, and this simple info vid from the IRS will give you some tips on how to pay up to Uncle Sam.

Watch the how-to video for How to file your tax return even if it's the last minute on WonderHowTo.

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How to use the economic recovery payment tool

Fri, 14 Jan 2011 19:07:03 GMT

Tax forms can be mind boggling, but you want to be sure you're getting all the deductions you deserve. This quick info vid from the IRS will show you how to file if you received money from the federal economic recovery plan in 2009.

Watch the how-to video for How to use the economic recovery payment tool on WonderHowTo.

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How to find where your tax refund check is

Fri, 14 Jan 2011 00:01:44 GMT

If you electronically file your taxes, the refund status is available 72 hours after submission. If you file by regular mail, you'll have to wait 3 to 4 weeks. Find out how easy it is to check on the status of your refund. Go to IRS.gov and click on "Where's my refund."

Watch the how-to video for How to find where your tax refund check is on WonderHowTo.

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How to proper filing if you owe taxes but can't pay

Thu, 13 Jan 2011 23:59:04 GMT

If you owe money but can't pay by this year's tax filing deadline, relief is still possible. You'll want to go ahead and file your taxes anyway, and contact the IRS for available options for your situation. Check out this video for additional details.

Watch the how-to video for How to proper filing if you owe taxes but can't pay on WonderHowTo.

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How to waive the penalty for Estimated Tax Penalty Notice

Thu, 13 Jan 2011 23:54:03 GMT

People who owe more taxes than expected this year because of a larger paycheck might be receiving an Estimated Tax Penalty Notice in the mail. This penalty may actually be waived if the proper form is submitted. This video highlights information for taxpayers who find themselves owing an unexpected amount of money this year.

Watch the how-to video for How to waive the penalty for Estimated Tax Penalty Notice on WonderHowTo.

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How to get back on track if you haven't filed a tax return in years

Thu, 13 Jan 2011 23:49:27 GMT

If you haven't filed a tax return in the past few years, you can go to the IRS to help you with filing past taxes and get you back on track. Find out in this video how you can get all caught up with your taxes.

Watch the how-to video for How to get back on track if you haven't filed a tax return in years on WonderHowTo.

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How to deduct expenses related to job search

Thu, 13 Jan 2011 23:47:38 GMT

If you're searching for a new job, some of the expenses related to your search could be deductible. Items such as fees paid to an employment agency, mailing resume and traveling expenses could be deducted from taxes. Find out details about deducting job expenses on your federal tax return.

Watch the how-to video for How to deduct expenses related to job search on WonderHowTo.

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How to avoid the top dozen tax scams

Thu, 13 Jan 2011 23:44:08 GMT

Every year, many people fall victim to scammers trying to dupe taxpayers out of their hard-earned money. The IRS compiles an annual list of the twelve most popular tax scams perpetrated on the public. Check out this video to learn out about the top tax scams to avoid.

Watch the how-to video for How to avoid the top dozen tax scams on WonderHowTo.

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How to fulfill the requirements to be a paid tax preparer

Thu, 13 Jan 2011 23:41:07 GMT

If you are paid to professionally prepare tax returns for other people, there are several requirements that you should know about. Watch this video for information about important changes that will impact paid tax preparers.

Watch the how-to video for How to fulfill the requirements to be a paid tax preparer on WonderHowTo.

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How to get a bigger refund with the Earned Income Tax Credit

Thu, 13 Jan 2011 23:37:32 GMT

The Earned Income Tax Credit can mean a bigger refund for qualified taxpayers like you, depending on your income and the number of kids you have. Take a look if your qualifications meet up their requirements and see all the benefits that you might be getting. Watch this video for all the details.

Watch the how-to video for How to get a bigger refund with the Earned Income Tax Credit on WonderHowTo.

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How to file your tax returns for the first time

Thu, 13 Jan 2011 23:32:41 GMT

If you are getting ready to file a tax return for the first time, there are several resources available to you for free that make it fast and easy. Check out this video for tips that will help make the process stress free.

Watch the how-to video for How to file your tax returns for the first time on WonderHowTo.

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How to file your taxes for free this year electronically and get perks

Thu, 13 Jan 2011 23:30:26 GMT

David Williams, IRS Director of Electronic Filing, tells you why e-filing taxes is so popular. He'll highlight the perks and advantages of electronically filing your taxes (such as getting your tax refund back faster), and explain how you can use it for free.

Watch the how-to video for How to file your taxes for free this year electronically and get perks on WonderHowTo.

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How to get your tax refund within days instead of waiting several weeks

Thu, 13 Jan 2011 23:23:39 GMT

Filing taxes electronically is a popular option in recent times. This video has the details on e-filing, and describes some of the advantages, such as getting your federal tax refund in a matter of days rather than waiting several weeks.

Watch the how-to video for How to get your tax refund within days instead of waiting several weeks on WonderHowTo.

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How to find the free options available this tax season for filing your return

Thu, 13 Jan 2011 23:20:47 GMT

There are plenty of free options available to people who want to file their tax returns, especially for those whose income fits a specific category or if they are willing to expend a little extra effort. This video covers the options available to taxpayers who want to file their federal taxes at no cost.

Watch the how-to video for How to find the free options available this tax season for filing your return on WonderHowTo.

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How to make sure your tax preparer e-files your electronically prepared tax return

Thu, 13 Jan 2011 23:17:20 GMT

If your tax professional prepares your tax return electronically, make sure they also FILE it electronically. While it is possible to mail the return to the IRS in an envelope, this video outlines why electronic filing of your tax return is important.

Watch the how-to video for How to make sure your tax preparer e-files your electronically prepared tax return on WonderHowTo.

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How to respond to a letter from the IRS

Thu, 13 Jan 2011 23:13:02 GMT

The IRS sends letters to many taxpayers throughout the year. There are many reasons why you might be getting a letter this year from the IRS. Watch this video to find out what to do if a letter arrives in your mailbox.

Watch the how-to video for How to respond to a letter from the IRS on WonderHowTo.

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How to file an appeal with the Internal Revenue Service

Thu, 13 Jan 2011 23:08:36 GMT

Find out how Appeals handles disputes arising from the collection of unpaid taxes, penalties and interest. Specific topics include: role of Appeals, Collection Appeals program (CAP), Collection Due Process (CDP), Offers in Compromise (OIC) and Trust Fund Recovery Penalty (TFRP).

Watch the how-to video for How to file an appeal with the Internal Revenue Service on WonderHowTo.

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How to avoid getting too much or too little withheld from your taxes

Thu, 13 Jan 2011 23:07:14 GMT

This video has all the details about a great online tool from the IRS. You can use it to ensure the right amount of taxes are withheld from your paychecks--which may result in a refund for you at tax time.

Watch the how-to video for How to avoid getting too much or too little withheld from your taxes on WonderHowTo.

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How to benefit from the Making Work Pay tax credit by filing correctly

Thu, 13 Jan 2011 23:06:15 GMT

Most wage-earners will benefit from the Making Work Pay tax credit. However, the credit must still be claimed on your return to get the benefit from it. This video has the important information you'll need to claim this valuable credit.

Watch the how-to video for How to benefit from the Making Work Pay tax credit by filing correctly on WonderHowTo.

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How to recover from college-related expenses with tax credits

Thu, 13 Jan 2011 23:02:36 GMT

Parents paying for college or college-related expenses for their children may be able to benefit from these expenses at tax time. This video provides more information on the American Opportunity Credit and tax relief with expenses related to college education, such as tuition and computer equipment.

Watch the how-to video for How to recover from college-related expenses with tax credits on WonderHowTo.

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How to choose a tax preparer to meet your needs this tax season

Thu, 13 Jan 2011 22:59:25 GMT

If you're looking to hire someone to prepare your taxes, it is important to find the right one who can be helpful to your needs and provide informative answers to any questions that you may ask. Here are helpful tips on how to find a tax preparer to meet your needs.

Watch the how-to video for How to choose a tax preparer to meet your needs this tax season on WonderHowTo.

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How to recover the reduction in your paycheck this year for take home pay

Thu, 13 Jan 2011 22:55:40 GMT

You may have noticed that your take-home pay this year is smaller compared to last year. This video from the IRS has the details about a valuable tax credit and explains how it may impact your take-home pay this year.

Watch the how-to video for How to recover the reduction in your paycheck this year for take home pay on WonderHowTo.

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How to take advantage of extra tax benefits for new homebuyers in the military

Thu, 13 Jan 2011 22:51:40 GMT

If you're a member of the military and recently purchased a new home, you may be eligible to take advantage of extra tax benefits available to members of the US Armed Forces. This video has all the details.

Watch the how-to video for How to take advantage of extra tax benefits for new homebuyers in the military on WonderHowTo.

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How to avoid phising scams and malware this holiday season

Thu, 13 Jan 2011 22:48:22 GMT

Even if you don't give the information a scam email requests, you could still put yourself at risk by clicking on links or opening attachments. Watch this important video to find out how to handle emails that say they are from the IRS -- because they are not!

Watch the how-to video for How to avoid phising scams and malware this holiday season on WonderHowTo.

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How to offset higher education costs with tax credits

Thu, 13 Jan 2011 22:13:54 GMT

Were you enrolled as a student at a college or trade school last year? Academic expenses like tuition and books can be applied towards the American Opportunity Credit, which translates into money in your pocket! Find out more about tax credits that can help taxpayers offset the costs of higher education.

Watch the how-to video for How to offset higher education costs with tax credits on WonderHowTo.

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How to split your federal tax refund between multiple bank accounts

Thu, 13 Jan 2011 20:36:15 GMT

Did you know that you can split your federal tax refund between multiple bank accounts? The refund can go into a savings account, a checking account and an IRA. And for the first time, you can use your refund to buy U.S. savings bonds.

Watch the how-to video for How to split your federal tax refund between multiple bank accounts on WonderHowTo.

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How to prepare yourself for the upcoming tax filing season

Thu, 13 Jan 2011 20:17:04 GMT

The new year is right around the corner - which means it's almost time for taxes again. One of the things you can do to prepare is to start a filing system for important tax documents. Watch this video for other important tips on making sure you're prepared for the 2010 tax filing season.

Watch the how-to video for How to prepare yourself for the upcoming tax filing season on WonderHowTo.

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How to track your tax refund online with the IRS website

Thu, 13 Jan 2011 20:13:15 GMT

One of the most common questions that people who have filed their tax returns is, "Where's my refund?" You can track your tax refund online with Where's My Refund?, which is available at IRS.gov. See how it's done with this how-to video.

Watch the how-to video for How to track your tax refund online with the IRS website on WonderHowTo.

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How to find out where your missing refund check is

Thu, 13 Jan 2011 20:11:49 GMT

If you filed a tax return earlier this year but have not received your check yet, there might be a very simple reason why your refund is missing. Watch this informative video to find out where your refund is and how to get your money.

Watch the how-to video for How to find out where your missing refund check is on WonderHowTo.

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How to keep the right financial papers for tax purposes

Thu, 13 Jan 2011 20:08:58 GMT

Learn which financial and tax files to keep and how long to keep them. Keep tax returns, bills, credit card statements and cancelled checks related to tax returns for a minimum of three years. More complicated documents that support stock transactions and your IRA should be kept for a minimum for 4 years. If you run a business, all of these documents should be kept for a minimum of 4 years.

Watch the how-to video for How to keep the right financial papers for tax purposes on WonderHowTo.

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How to avoid the most common tax return mistakes

Thu, 13 Jan 2011 19:58:33 GMT

When filing your tax returns, there are some very common mistakes that people make. For instance, make sure to sign your tax forms. Returns with common mistakes take longer to process, so learn avoid these errors by watching this video from IRS.gov.

Watch the how-to video for How to avoid the most common tax return mistakes on WonderHowTo.

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How to check your tax withholding to make sure you're paying the right amount

Thu, 13 Jan 2011 19:54:27 GMT

Check your tax withholding by using an online calculator on IRS.gov. You should do this periodically, but it's especially important for 2009 because of the many tax changes.

Watch the how-to video for How to check your tax withholding to make sure you're paying the right amount on WonderHowTo.

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How to file your taxes if you are currently in college

Thu, 13 Jan 2011 19:52:17 GMT

Students paying for college or college-related computer expenses will want to watch this video to find out how those expenses can actually benefit you at tax time. You could claim up to $2500 on your tax returns for college expenses. Watch this video to find out more.

Watch the how-to video for How to file your taxes if you are currently in college on WonderHowTo.

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How to deduct the correct amount for taxes if both you and your spouse are working

Thu, 13 Jan 2011 19:48:30 GMT

If you are married and both you and your spouse have jobs, you will want to watch this video about the Making Work Pay Credit and how it may impact your tax return. The new Making Work Pay Credit means that less taxes are being taken out of your paycheck. However it is important that the correct amount is deducted, watch this video to find out more.

Watch the how-to video for How to deduct the correct amount for taxes if both you and your spouse are working on WonderHowTo.

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How to calculate the correct withholding amount for married working couples

Thu, 13 Jan 2011 19:46:33 GMT

If you are married and both you and your spouse have jobs, it is important to calculate the exact amount to withhold from income for taxes. You'll be sure to want to watch this video about the Making Work Pay Credit and how it may impact your tax return.

Watch the how-to video for How to calculate the correct withholding amount for married working couples on WonderHowTo.

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How to make sure the correct amount is being withheld from your retirement pension

Thu, 13 Jan 2011 19:43:27 GMT

If you are retired and receive a pension, you may currently be affected by the Making Work Pay Credit. Because pension income is not earned income, this may affect your withholding amount and the subsequent tax refund. Be sure to watch this informative video from the IRS about the Making Work Pay Credit and how it may impact you.

Watch the how-to video for How to make sure the correct amount is being withheld from your retirement pension on WonderHowTo.

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How to calculate the accurate amount to withhold for taxes

Thu, 13 Jan 2011 19:36:53 GMT

Most taxpayers are benefiting from the Making Work Pay Tax Credit this year, but some taxpayers may not be having enough tax withheld from their paychecks. Find out if this could be impacting you and how to fix the problem.

Watch the how-to video for How to calculate the accurate amount to withhold for taxes on WonderHowTo.

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How to get answers to tough tax-related questions

Thu, 13 Jan 2011 19:31:33 GMT

In these tough economic times, many taxpayers are finding themselves facing economic hardships. Find out how to get answers to "what if" questions related to a number of topics and financially difficult scenarios, including losing a job or facing foreclosure on your home.

Watch the how-to video for How to get answers to tough tax-related questions on WonderHowTo.

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How to avoid tax scams

Thu, 13 Jan 2011 19:29:54 GMT

Every year, many people fall victim to scammers trying to dupe taxpayers out of their hard-earned money or steal their identity. Check out this informative video for tips from the IRS to learn about scams and how to protect your personal information.

Watch the how-to video for How to avoid tax scams on WonderHowTo.

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How to get the right paperwork for charitable donations

Thu, 13 Jan 2011 19:28:56 GMT

If you've made any donations to charity this year, there are several important rules about deducting charitable contributions on your tax return. Most importantly, the correct paperwork is needed to document the transaction for the deduction. Find out in this informative video from IRS.gov.

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How to get a job with the IRS

Thu, 13 Jan 2011 19:26:53 GMT

Looking for a new job? Here are tips on finding out if the Internal Revenue Service is hiring in your area. Employees enjoy great benefits and have lots of chances to grow. Find out more online at IRS.gov/careers and see if there is a great future for you with the IRS!

Watch the how-to video for How to get a job with the IRS on WonderHowTo.

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How to file taxes and ask tax-related questions online

Thu, 13 Jan 2011 19:12:14 GMT

Save time and get all your tax work done at the online internet site for the IRS. You can file your taxes and ask tax-related questions on the website. Everything you need to complete your taxes is at your fingertips on www.irs.gov.

Watch the how-to video for How to file taxes and ask tax-related questions online on WonderHowTo.

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How to get a tax break on your new vehicle purchase

Thu, 13 Jan 2011 19:06:50 GMT

Have your eye on a new car? Most new vehicle buyers are eligible for this tax break. Be sure to check out this video from the IRS to find out how buying a new vehicle may actually put some more mileage in your tax return next year.

Watch the how-to video for How to get a tax break on your new vehicle purchase on WonderHowTo.

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How to get tax relief for tuition costs and college-related computer expenses

Thu, 13 Jan 2011 19:04:22 GMT

Parents paying for college or college-related expenses for their children may be able to benefit from these expenses at tax time. This video from the IRS provides more information on the American Opportunity Credit and tax relief related to computer expenses.

Watch the how-to video for How to get tax relief for tuition costs and college-related computer expenses on WonderHowTo.

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How To File Your 2010 Federal Income Tax Return (IRS Tax Tips for Individuals & Businesses)

Thu, 13 Jan 2011 17:23:42 GMT

It's mid-January and some of you happy tax-paying citizens have already started receiving your W-4s and 1099s in the mail. But before you start filling out your 2010 Federal Tax Return, make sure you're hip to all the tax tricks in 2011. You could end up saving some money!

Below are some helpful videos for individual tax payers and business owners, straight from the Internal Revenue Service. Learn whether or not you need to file a Federal Tax Return, how to choose a tax preparer, how to file for free, and some great tax tips on savings bonds and energy credits.

For all of the necessary tax forms and publications, visit the IRS Forms & Publications webpage, where you can download and print PDF versions of all the forms, including Form 1040, 1099 Forms, Form 1098 and more! If you need to file it, they have it. Plus, it's easy to search for what you need!

Tips & Advice for Individual Tax Payers

Step 1 Do You Have to File a 2010 Tax Return?

Do you have to file taxes? It's the question everybody wants to know. In this video, the IRS tells you about the requirements for filing a tax return, including income limits and age, and why you may want to file even if you don't have to file.

Step 2 Getting Free Tax Help & Advice from the IRS

If you need answers to common questions, want help preparing your tax return, or want to sit down and talk to someone, the IRS can help you out.

Step 3 Choosing a Tax Preparer in 2011

Are you not as tax-wise as you'd like to be? Want to maximize your refund? Then hiring a professional tax preparer is probably a good idea, but how do you pick a reputable one? The IRS serves up some quick tips for helping you choose.

Step 4 File Your Taxes with Free-File from the IRS

Want to save money and frustration this year when filing your taxes? Using the IRS Free File system provides a less taxing way to prepare and e-file your federal taxes. They provide you with free and sophisticated tax software, which does most of the hard work for you. And the best part— it's FREE! Go the Free File website after January 14th, 2011 to start filing.

Step 5 Part-Time & Summer Jobs ARE Taxable

Are you a student in college? Then, listen up, because all that money you made at your part-time job or summer job is indeed taxable. If you filled out a withholding allowance certificate (W-4), then you need to report it. Use the IRS Withholding Calculator to help you figure out if you need to give your employer a new Form W-4.

Step 6 Do You Have to Report Mortgage Debt Forgiveness as Income?

If you're a homeowner and your mortgage debt has been partly or entirely forgiven, you may be able to exclude the forgiven debt on your 2010 taxes. Normally, any forgiven debt given by your lender must be reported as income on your tax return, but because of special tax relief program, in general, you won't have to report mortgage debt as income that was forgiven or reduced. You'll need to fill out Form 982 to qualify. Watch to learn more!

Step 7 Energy Credits from the 2009 Recovery Act

Step 8 Investing in U.S. Savings Bond with Your Tax Refund

Did you know that you can choose to purchase up to $5,000 in U.S. Series I savings bonds with you federal tax return? Well, you can! Instead of taking the dough, you can take the investment, and not just for you, but for others as well.

Step 9 Paying Your Taxes with an Online Payment Agreement

Paying your taxes in full and on time makes sure you avoid any unnecessary interest, but if you can't pay the full amount, there's something that can help— a Payment Agreement between you and the IRS. AND, if you owe $25,000 or less in individual income taxes and can pay the full amount within 60 months, you can set up an Online Payment Agreement, right from the comfort of your computer.

Step 10 Do You Have an Undelivered Tax Refund from 2009?

Missing a tax refund from a previous year? It may have been undelivered. Watch this to find out the reasons an IRS refund check goes undelivered, how to correct the problem and how to find out if you're on the list.

To see if you have a missing refund, visit Where's My Refund. And this year, set up direct deposit to make sure yours doesn't get lost in the mail, due to a change of address.

Tax Tips & Advice for Business Owners

Step 11 Getting a Employer Identification Number (EID)

If you own a small business, find out how to apply for an employer identification number on IRS.gov.

Step 12 The Small Employer Health Care Tax Credit Update

Are you a small employer? Either a for-profit business or tax-exempt group who provides health insurance coverage to their employees? Well, you may qualify for a special tax credit. Listen up.

Step 13 Watch IRS Live

If you're a small business owner, you may benefit from watching IRS Live, which is a free tax webinar streamed live each month.

Step 14 Getting a PTIN: Preparer Tax Identification Number

If you're a tax preparer who gets paid, starting January 1st, 2011, you will need a PTIN (Preparer Tax Identification Number) for all federal tax returns you file. Watch this video to learn how to acquire one, or go to IRS Tax Pros for more information.

For more video tips, visit the IRS's YouTube Channel or IRS.gov.

Image credit

Via How To File Your 2010 Federal Income Tax Return (IRS Tax Tips for Individuals & Businesses) on WonderHowTo.

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How To Have a Successful Garage Sale

Thu, 13 Jan 2011 14:55:27 GMT

Junk, junk, junk or so you might think. Remember the saying, your junk can be someone else's treasure! This article is going to guide you through a successful garage sale. With the economy the way it is, more and more people are going to garage sales. They are fun to have and you can earn some extra money.

Gathering items to sale

Don't throw away anything because it might be what a garage sales customer is looking to find.

Clean out closets. If you don't wear it, get rid of it.

Clean out your closet

Clean out drawers.
Clean out cupboards.
If you have older married children, tell them to clean out too.

Best items to sale

Toys - All toys sell. If toys are broken they still sell to someone who fixes toys. If toys are separated from sets, no problem, they will be bought anyway. It might be the piece missing from the buyers set. People love the Happy Meal toys!
Stuff animals - kids love them
Clothes, including washed underwear and socks.

Shoes and boots
Knicknacks
Dishes and plastic containers
Small appliances - be honest as to whether the appliances work. Let the buyer know if the appliance is broken. If it is, tell them what is wrong because buyer might be able to fix it.
Costume jewelry
Old Watches (watches you wind by hand are what the dealers are looking for and are more expensive).

Advertise

Put add in local paper. Mention in the article star items for sale, for example, children's clothes, electronics, furniture, etc.. If the sale is a block sale put on by a Realtor, no need to advertise.
Make signs and hang the day of the sale on main streets near your house. I have found that using flurescent poster board really attracts attention.

Day of the sale

If you advertise that the garage sale will start at 8:00, you will have customers waiting outside at 6:30. They want to be the first to look at the loot.
Have an accounting of your start money. It is usually good to have three $5.00 bills, maybe one ten, fifteen $1.00 bills. In change you will need 1 roll of dimes, 2 rolls of nickels and five dollar in quarters.
Write down starting expenses. Your ad in the paper and your starting money.
Display of items is important. Large tables, large boxes are good for t-shirts. The shoes should be lined up on the ground.

Be kind to your customers and expect the buyers to negotiate prices. It is up to you as to what you want for items. Don't ask too much. At the beginning of the sale don't negotiate too much as the sale has just started.
Be ready as the cars park wherever they want. You will have mobs and you will have very slow time too. If you have no had any customers for an hour, you might want to close. It is up to you.
During the day call a donation company to pick up remaining items that did not sale. There are veteran organizations, hospital gift shops, thrift shops for the mentally retarded and many others. I have heard that Good Will throws a-lot of items away.
Have boxes or large garbage bags to put leftover items in for the donation truck. Be sure a tax reduction slip is left when the trucks pick up.
Count your money. Take out the starting fees and divide the remainder up between how ever many people contributed.

Good luck and have fun spending your profit!

Via How To Have a Successful Garage Sale on WonderHowTo.

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How to create a favicon for your website

Wed, 29 Dec 2010 01:01:26 GMT

You can generate a favicon, or favorites icon, for free. Pick any image, then take advantage of the many free favicon generators on the web. Once you have your favicon, it's easy to add the code to your own webpage.

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How to create a squeeze page to gather leads and build your list

Wed, 29 Dec 2010 01:01:21 GMT

By adding a squeeze page to your website, you can gather leads and grow the list of interested consumers in your product. Induce visitors and regulars to your website to sign up for a bonus offer, newsletter or other content.

Watch the how-to video for How to create a squeeze page to gather leads and build your list on WonderHowTo.

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How To Advertise Efficiently on Facebook

Tue, 28 Dec 2010 14:52:19 GMT

Step 1

Marketers from Facebook who design ads for advertisers can ask them to switch over to higher end product in which Facebook would be designing or hosting themes based on their products. This product theme will have a separate scroll area where advertisers (after buying rights from Facebook) can scroll latest development happening in their company or the latest offers with which company is coming out. Through above setup Facebook gets fees for hosting personalized theme as well as providing a scrolling space. At the same time business enterprise can keep users interested in them through latest offers.

For example producers of a movie can get themes, based on their upcoming movie, designed on Facebook. In scrolling area latest stories happening on the sets can be posted. Fans who often want to know every movie details would enjoy facts and stories on the movie sets, during production. Before release of the movie (before preview) a competition can be organized. It would be based on facts scrolled during the production stage. Winner of this competition (Facebook user) gets to watch the movie along with the movie star during the preview. This would be a nice experience for a fan and would also offer publicity to the movie.

Step 2

Facebook marketing fraternity can also promote an idea of personalized theme to Facebook users (500 million). These themes would be based on data provided by the user himself (e.g. personal photograph).

Step 3

Marketers of business enterprise can approach facebook to host (or get designed) flash games which is based on their products. Facebook users who win these games are rewarded by that business enterprise (shoes if the company is of shoes).

Step 4

Facebook can have a creative segment in their site where users are welcomed to upload their original creative works like photographs, picture of their original arts, sculptures, etc. Provision should be provided in the case when someone else likes their work they can buy it by directly contacting them. This can be done covering the whole world as well as on local basis. This feature would generate more traffic on Facebook.

Step 5

Facebook should try opening a separate segment called locals. Here local users can vote for best of everything in their town or in their locality. This would give an idea to business enterprise where to advertise next. For example vote for best eating joint in particular area. This keeps local users interested as well as also helps tourists.

Step 6

Facebook marketers should promote an idea of their (Facebook's) personalized theme to user. When 5 users use this theme continuously for 15 days, Facebook plants a tree. To attain this target on larger scale it can partner with other local players who put their ads on the networking website. As this project is world beneficial both partners can apply for tax benefit from the government.

Step 7

Facebook should promote its users to provide details of local charity homes where donation can be made by other Facebook users (local or distant) in form of clothes, books, electric appliances, either new or old.

Step 8

Marketers should invite Facebook users to provide details of product used by them. Best review should be awarded by the marketers in some form of gifts.

Step 9

Facebook marketers and marketing enterprises should promote its users to come out with ideas, which can be sold to right company with approval of person who conceived the idea. Like one liners for T-shirts.

Step 10

Marketers who promote their product or activity through “likes” should always change their posts and often come out with posts which make user think in new direction, not old thoughts. This keeps everyone’s interested.

Setup based on above ideas would work for everyone once it is applied with honesty and true intention of fulfilling claimed commitments.

Via How To Advertise Efficiently on Facebook on WonderHowTo.

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How to finalize the 2010 tax year with 3 tax strategies to help maximize your refund

Tue, 21 Dec 2010 16:46:18 GMT

The end of the year is almost here, but there's still some time left to help boost your upcoming tax refund! Bob Meighan from TurboTax gives you three end-of-year tax tips that you can do before December 31st, 2010, to maximize your refund.

#1. Invest in making your home energy efficient — You can save up to $1500 on your tax return.

#2. Contribute to a charity — It's great for the community, as

Watch the how-to video for How to finalize the 2010 tax year with 3 tax strategies to help maximize your refund on WonderHowTo.

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How to stay on your family's budget for the holiday season

Wed, 08 Dec 2010 19:32:38 GMT

Still paying off last year's Christmas? This video shows you a few good strategies you can use to avoid going into credit card debt for the holiday season. Always pay your bills on time, and pay attention to interest rates.

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How to shop for Christmas gifts without breaking your budget

Wed, 08 Dec 2010 18:03:29 GMT

Money is tight all around, but you still want to be able to give thoughtful, meaningful gifts to your friends and loved ones this Christmas season. This tutorial gives you several good strategies on how to shop for gifts less than $25.

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