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#TAXTIPS

Now that fall is here and school has started, many teachers are dipping into their own pockets to buy classroom supplies. Doing this throughout the year can add up fast.

Fortunately, eligible educators may be able to defray qualified expenses they paid in 2019 when they file their tax return in 2020.

 

Educators who work in schools may qualify to deduct up to $250 of unreimbursed expenses. That amount goes up to $500 if two qualified educators are married and file a joint return. However, neither spouse can deduct more than $250 of his or her qualified expenses when they file.

Many teachers may qualify to use online software for free with IRS Free File.



As always, Friend, we are NOT in the business of giving financial or stock investing recommendations on the internet.
We are merely pointing you or others who may have the same questions in a direction. If this is the "right direction" for you, that is up to you and your financial advisor.
Please consult with a financial advisor before making or changing any of your investments or decisions. 

The US Stock market has gone practically nowhere in the last year or so. The recent market volatility has sent a rude awakening to some investors; snapping them out of their Fall TV and sports watching.  

There is renewed interest in all things stock market and money right now. We want to offer a few thoughts on what can be done about the inevitable emotional pain that arises from dreaded market volatility. 

In investing lingo dealing with market volatility is called “Hedging” or “Risk Management” and it can take many forms. In their simplest form, "hedging" and "risk management" are used to keep us from making big, often emotional short-term investing decisions. These decisions can have big, often negative long-term investing impacts.    

We're going to give you 4 potential ways to “Hedge” or “Manage” your investment risks.

Read More >>
HAVE YOU SCHEDULED YOUR FALL FINANCIAL CHECK UP YET?

Wondering what a recession looks like, how to know if we're in one and how to survive?

CHECK OUT OUR BLOG TODAY!

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