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Student Debt                   

Modifications

Monthly Archives: May 2017

Existing Student Loan Interest Deduction Rules

The student loan interest deduction is one of the few tax benefits that favors the taxpayer with limited income who doesn’t own a home, has no children, and otherwise would be hard-pressed to find a way to lower his or her tax bilL Under current law, taxpayers with income of less than $80,000 ($160,000 if…
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TAX RELIEF FOR WHO?

On April 26, 2017, the White House unveiled a plan to provide “tax relief to both our corporations that will help grow jobs, and to middle Americans.” In a briefing, Secretary of the Treasury Steven Mnuchin and Director of the National Economic Council Gary Cohn admitted that the President’s plan takes away a critical benefit…
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7 WAYS TO PAY OFF YOUR LOANS FASTER

Most people want to know how to pay off their student loans fast. Student loan debt has become a normal part of attending college. It can be shocking to realize just how much you owe once you graduate. Your student loan payment can hold you back from doing the things you love, it takes a…
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