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6 Proven Reasons to Make a Charitable Donation from Your IRA to Save Money

The American Taxpayer Relief Act of 2012 has temporarily extended the ability of certain taxpayers to make charitable donations from their IRA. The Basics Charitably inclined taxpayers over age 70 1/2 can donate up to $100,000 per year from their


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4 Easy Ways to Start Your 2013 Tax Planning and Save Money

The New Year’s celebrations are over.   The New Year’s Resolutions are starting. We’ll see how long they last.   Many people feel income taxes are going up. I’m confident they are for the higher income earners.


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A Summary of the American Taxpayer Relief Act of 2012

  The Federal Government avoided the Fiscal Cliff…Well, for now any way.   At the very last minute they passed the American Taxpayer Relief Act of 2012.  Here are some of the highlights:    Income, Capital Gains and Qualifying Dividends


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4 Reasons Everyone Should Contribute to a Roth IRA

1) Tax – Free Distributions If the Roth IRA account is open for at least 5 years and the taxpayers is over age 59 1/2, then all of the distributions from the Roth IRA are tax-free.   2) Take Your


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7 Easy Ways to Decrease Your Income Tax and Keep More Money

 1) Maximize Your Contributions to Your 401(k) Plan Many employers will offer a 401(k) plan. Employees need to take advantage of this plan. This will likely be one of the cornerstones of your retirement plan. If your employer offers a


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