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Why Your 2012 Tax Bill May Jump By $8,000
Thanks to yet another lapse by Congress, more than 20 million taxpayers may pay a tax in 2012 that was originally designed to hit only the... read more »
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Tax Doomsday Is Coming for Amazon
It sometimes seems like every new idea Amazon has dreamed up lately has been designed to help it lose money more efficiently. But the truth is... read more »
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How Can You Get Romney's Tax Rate? (Hint: You Can't)
Amid all the chatter about Mitt Romney's high income and low taxes, many have wondered why more Americans don't take advantage of those... read more »
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We're Getting Taxed for Frequent Flier Miles? Thanks a Lot, Citibank
Whether you do contract work or have your own small business, tax deductions for the self-employed can add up to substantial tax savings.
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Many qualified taxpayers overlook the Earned Income Tax Credit (EITC), potentially missing out on thousands of dollars at tax time.
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Going green can be good for the environment and for your tax situation.
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Note: The content of this article applies only to taxes prepared for 2009 and 2010. It is included here for reference only. It's a new and improved version of the 2008 First-Time Homebuyer Credit that should help make buying a home more affordable for many buyers. The credit has been increased to $8,000 and doesn't have to be repaid. For purchases after November 6, 2009, a $6,500 credit is also available to qualifying repeat buyers.
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Some tax deductions and credits can get overlooked. Find out which tax deductions and credits you have coming to you so you'll keep more money in your pocket.
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