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Tax Planning Part II

Higher Education Costs The deduction for higher education costs expires at the end of 2009. In addition the American Opportunity Credit replaces the Hope Credit

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Holidays can present ideal opportunity to jumpstart financial conversations.

Only a quarter of U.S. adults with children talk regularly with their own parents about financial matters according to a recent survey conducted by Harris Interactive for the American Institute of CPAs. Thirteen percent never have the conversation and 45 percent talk about finances only annually or less often.
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