Tax Breaks for Education

Studies by the Government Accounting Office (GAO) show that many taxpayers who are eligible for education related tax relief don’t take advantage of it. The key reasons are:  There are too many programs. If one includes tax credits, expense deductions, and special savings programs, there are more

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Common Missing Tax Return Items

Want your tax return filed quickly and without error? Looking for a quick refund? Then double-check this list of items that are often overlooked. These missing items often cause delays in getting your tax return filed and your much anticipated refund into your hands. Missing W-2 or

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Is a Reverse Mortgage the Solution?

For many the transition to retirement means adjusting to a fixed income that is often lower than the income you received while employed. To make matters worse, the most valuable asset you have is usually your home, but it cannot be readily turned into cash. To help

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Are Your Social Security Payments Taxable?

Are Your Social Security Payments Taxable? Sometimes they are. Make sure you understand the IRS’s rules. Do you receive social security benefits?  Maybe you have retired and are receive payments after working hard all your life.  Maybe you are disabled and receive payments as a result of

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