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Shirley Kistler's Blog

By Shirley Kistler | Broker in Fair Oaks, CA

Tips on Saving Taxes


1)   Top off Retirement Accounts – Taxpayers can boost their retirement savings in a tax-efficient manner by contributing up to $5000 to an IRA or Roth IRA if they are under 50 and $6,000 if they are 50 or older.

2)   Claim the Saver’s Credit – Lower-income taxpayers should remember to take the Saver’s Credit for contributions they made to an employer-sponsored retirement http://shirleykistler.com/files/2010/12/IRS.jpg

Comments

By Bud Zeller,  Thu Dec 30 2010, 20:25
Good information and reference sources for taxpayers to consider!

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