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Tax Tips

Tax Tips

Consumer Watch: Money-Saving Tax Tips From IRS



Source: AP

Need a little extra cash now that the holidays are over? Now is a great time to review your taxes for breaks that can put a lot more money back in your pocket. First-time home buyers can take advantage of a special tax credit – if they made their purchase after April of this year and meet certain income requirements. A little-known federal tax break for educators allows them to deduct some classroom expenses.

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