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What’s the best tax break for childcare expenses?

Most working parents have only one way of getting a tax break on the expenses they pay for childcare – the special tax credit allowed…

Can The Windfall Tax Affect You?

The windfall tax is deceptively simple. When you receive a windfall — whether it’s an inheritance from a relative, winnings from the lottery or gambling,…

Smart move: Deduct your relocation expenses

Did you move for a job last year? You may be entitled to a deduction for your unreimbursed moving expenses.NEW YORK (MainStreet) — Did you…

Tax-savvy ways to save for your kid’s college expenses

The tax code provides several ways to defer or avoid taxes while saving for your child's education.   The tax code provides several ways to…

Tips on handling alimony at tax time

The deduction for alimony is not limited to support payments.   NEW YORK (MainStreet) — If you are paying alimony you may be able to…

Get smart on tax refunds — and don’t get them

Keep your money and use it during the year rather than let the government take it and pay you back, one adviser says.   NEW…

Nine tax breaks you’re probably missing

The U.S. tax code clocked in at more than 73,000 pages last year. Here's what's hiding inside.   NEW YORK (MainStreet) — The tug of…

Do I need my babysitter’s Social Security number?

Mary Poppins might play hard ball if you ask for her social. Here's a spoonful of tax advice to help you get her on the…