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2) Are you participating with your company's retirement plan? If not, not really? Every dollar you contribute could lower taxable income minimizing your taxes to shoe.
The great news though, might be majority of Americans have simpler taxation assessments than they realize. The majority of us get our income from standard wages, salaries, and pensions, meaning it's in order to calculate our deductibles. The 1040EZ, the tax form nearly 50 % of Americans use, is only 13 lines long, making things quicker to understand, however it use software to support it.
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