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Tax Tips for a New Baby

These bundles of joy bring bundles of tax savings

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The new addition to your family is likely to be one of the most joyous events in your life. However, it may also be the most expensive.

With the average cost of raising a child increasing rapidly, you'll want to be sure to get a handle on some of the tax benefits of having a baby.

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Rental Property Deductions You Can Take at Tax Time

Rental property often offers larger deductions and tax benefits than most investments. Many of these are overlooked by landlords at tax time. This can make a difference in making a profit or losing money on your real estate venture. If you own a rental property, the IRS allows you to deduct expenses you pay for the upkeep and maintenance of the property, conserving and managing the property, and other expenses deemed necessary and associated with property rental.

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