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LIFE MILESTONE: COLLEGE AND EDUCATION TAX TIPS

College and Education Tax Tips: A good education can be a steppingstone to a bright future, but it can also be a big financial burden. Whether it’s the first day of kindergarten at a private school or a second graduate degree, paying for an ...

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LIFE MILESTONE: STARTING RETIREMENT OFF RIGHT AT ANY AGE

Starting Retirement off Right at Any Age: Retirement is an exciting time. After a lifetime of hard work, you’re finally ready to focus on family, travel and hobbies. But just because the work stops doesn’t mean taxes do. When your income is fixed, ...

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LIFE MILESTONE: TAX TIPS FOR MARRIAGE

Tax Tips for Marriage: A wedding is an exciting milestone, but it’s also a big financial turning point for couples. Whether it’s a first marriage or two families are blending, these unions have major tax consequences. Getting married could ...

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LIFE MILESTONE: WELCOMING A NEW CHILD

Welcoming a New Child: Welcoming a new child into your life is a great joy, but it also means big financial changes. These young family members can affect your tax situation. Parents may qualify for one or more tax credits or deductions. Adjust your ...

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CHARITABLE CONTRIBUTION REMINDERS

Contributions must be made to a qualified charity. Donations must be made by cash or check and there must be proof of payment. Cash or non-cash contributions of $250 or more need "contemporaneous written acknowledgment from the charity." The 80% ...

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KEY CHANGES FOR 2018

Tax rates have changed for individuals and some businesses. There is an increase in the standard deduction and a removal of personal exemptions. There are also changes to several itemized deductions and an increase in the estate tax exemption. Contact ...

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MAJOR CHANGES TO ITEMIZED DEDUCTIONS

There is a lower debt limit and home equity interest for mortgage interest. Purchase of athletic tickets will not be included in deductions for charitable contributions. State, local, real estate, and sales taxes will have a $10,000 limit. ...

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TAX PAYERS DEADLINE

Monday, April 15, 2019 is the filing deadline for U.S. taxpayers. For those needing more time to prepare your federal tax return, Form 4868 is used by individuals to apply for six (6) more months to file Form 1040, 1040NR, or 1040NR-EZ. A U.S. citizen ...

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