Tag: Deductions
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Itemized Deductions: A Beginner’s Guide
Margaret Mitchell wrote in her bestselling novel, Gone with the wind, “Death and taxes, there’s never any convenient time for any of them.” We can safely assume that nobody likes to pay tax as they tend to take away a lot of our earnings. But what if there was a way to save up on ... -
529 Plan: Everything you need to know while saving for college
According to a report, around 29% of parents with children under the age of 18 in the US invest in a 529 Plan to save for their children’s education. Studies have also shown a steady increase in the amount of savings and withdrawals in such plans over the years. If you too want to save ...