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Deducting Student Loan Interest

Deducting Student Loan Interest, financing a college or graduate school education often requires incurring at least some student-loan debt. For those who qualify for it, the tax deduction for student-loan interest can help ease the financial burden. Overview, The deduction is available for as much as $2,500 of interest annually. Taxpayers don't. have to itemize…
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Don’t Be Caught by Surprise

Don't Be Caught by Surprise, for much of 2012, uncertainty about the fate of various favorable tax law provisions set to "sunset" at the end of the year has complicated tax planning. Although the situation may change, as this article goes to press, taxpayers are still waiting for answers from lawmakers and weighing what planning…
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Saving for Retirement Tax Benefits Can Help

Saving for Retirement Tax Benefits Can Help, setbacks in the financial markets and a long road to economic recovery haven’t made the job of saving for retirement any easier. But if you have a 401(k) or similar retirement savings plan at work, there is some good news: The basic tax benefits you receive as a…
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Caution: This Estate Includes IRD

Caution: This Estate Includes IRD, here's a fictional story you may find interesting if you're planning your estate. Ted’s Tale Ted was a successful executive. He had a large estate when he died, all of which he left to his two children, Tina and Tom. Under Ted’s estate plan, Tina will receive land valued at…
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