What Happens If You Get Audited and Don’t Have Receipts. it’s not the end of the world. While receipts are the best form of proof for deductions, there are still ways to verify your expenses
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Read MoreLifetime Learning Credit is a federal tax credit to help with education cost. Taxpayers can claim 20% of the first $10,000 in qualified educational expenses.
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Read MoreFor the tax year 2024, the Foreign Earned Income Exclusion limit is $126,500, and it will maximum rise to $130,000 in 2025. Explore the benefits of the foreign housing exclusion or Deduction.
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