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The IRS has set many tax deductions and benefits in place for people. Unfortunately, some taxpayers who bring home a advanced of income can see these benefits phased out as…

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After all the festivities, laughter, and gift giving for this holidays, giggles and grins quickly meld into groans and glowers as Tax Preparation Season rears its ugly counternance. From January…

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S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone who's in a high tax bracket to a person who is from…