Tips for deducting more at tax time

Literally hundreds of potential federal tax breaks are out there for the taking. Don’t miss out. Get to know the different types of deductions and how they’re handled when filling out your tax return and keep good records so you can potentially lower your taxes. Although “tax deduction” is often used as a catch-all, there are 3 types of tax reducers: above-the-line deductions, below-the-line itemized deductions, and tax credits. Let’s dig into each.
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