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Intel Severance Package: Your Complete Guide & Action Plan

Cordant Wealth Partners

It’s important to note, severance payouts are taxed, and taxed as ordinary income in the year of payout. So, if you separate from the company near the end of the year, earning both a full year of salary plus severance payouts, you could be pushed into a higher tax bracket. Tax planning for a transition out of Intel is critical.

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Zoe’s Tell-All: 2023 Tax Season

Zoe Financial

Similarly, filing taxes includes many steps and details everyone needs to know about. However, once you get into the best practices, you can plan ahead and maximize your tools in preparation for every tax season. Tax planning can be overwhelming , but it doesn’t have to be. January 23 – Tax season began.

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