Jill Schlesinger provides a list of tax beneifts that are due to expire at the end of 2011. These include education deductions, chartiable donations, adoption credits, and a mortgage insurance deduction. Ms. Schlesinger also suggests taking advantage of low capital gains rates, selling off investment losses, using your flexible spending account, and making retirment withdrawals.
See Jill Schlesinger, "Year-End Tax Tips 2011," CBS Money Watch, Dec. 17, 2011.
Posted by William Alan Nelson II, Associate Editor, Wealth Strategies Journal
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