Tag Archive for: tax deductions
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Seven Ways To Reduce Taxable Income
Due to tiered tax brackets and a progressive tax system—the more you make, the more you might end up paying. But there are many ways to lower your taxable income—and ultimately—the amount of taxes you pay.
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What The Restart Of Student Loan Payments Means For Your Taxes
Student loan borrowers bummed out by the resumption of their bills this fall may be eligible for a break on their 2023 taxes. The student loan interest deduction allows qualifying borrowers to deduct up to $2,500 a year in interest paid on eligible private or federal education debt.
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3 IRS Deductions You Can’t Take This Year, Experts Warn
Before you file, you'll want to be aware of any changes for the 2023 tax season. Experts warn that there are a few key deductions you can't take this year—which could affect what your refund adds up to. There are also a few updates to tax credits as well. CLICK ON THE HEADLINE FOR MORE
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Five Tax Deductions You Can Still Claim In 2020
Although the 2017 Tax Cuts and Jobs Act eliminated a number of key tax deductions, here are a few expenses you can still write off if you're in the process of putting together your 2019 return. CLICK ON THE HEADLINE FOR MORE
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13 Of The Craziest Tax Deductions Ever Claimed
Only two things are for certain: death and taxes. But at least with taxes, you can claim deductions. And that’s where the fun begins. CLICK ON THE HEADLINE MORE
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Take Advantage Of Family-Specific Deductions And Credits On Your 2017 Taxes
When you're filing for a family – and already worrying about stretching your budget to cover costs for multiple people – you want to be sure to take advantage of every tax break available to you. CLICK ON THE HEADLINE FOR MORE