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Taxpayers Get More Time to Contribute to IRAs in 2012

[-- Read Time: 2 mins --] You have two extra days this year to make contributions to your Individual Retirement Arrangements. That’s because April 15 falls on a weekend and Emancipation Day, a legal holiday in the District of Columbia, will be observed on Monday,...

Skip the down payment and look to smarter investments

[-- Read Time: 3 mins --] If your desire for home ownership is growing, and you’ve been furiously saving for that 20 percent down payment, you may want to take a moment to reconsider. The American dream is expensive and evolving. After you pay your mortgage,...

No more paper savings bonds in 2012

[-- Read Time: 2 mins --] The U.S. savings bond, lovingly stuffed into Christmas and birthday cards for generations of grandkids, is going digital-only. As of Jan. 1, banks will no longer be able to order the formal-looking instruments that introduced millions of...

Are you desperate for tax deductions?

[-- Read Time: 3 mins --] You can’t deduct food as a medical expense, even though you get sick if you don’t eat. And your dogs may be like children to you, but you can’t claim them as exemptions. Knock it off. There’s little you can do now to...