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Tax credits are popular ways to reduce your overall tax burden. Credits are dollar for dollar reductions in the amount of tax due, so it's a pretty big bang for your buck. Here are five of the most common tax credits: Credit for child and dependent care expenses. The credit for child and...

For anyone with a child in college, filing a tax return for 2009 should be a little less painful.While filing your taxes is the last thing you want to think of as the remaining free days of summer tick away, now is a good time to remind your college student to start saving book receipts and keep...