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Weekly Favorites: Homeowner Tax Breaks, Moms Need Life Insurance Too

TaxACT Weekly Favorites June 28

TaxACT Weekly Favorites:  June 28, 2013

Homeowner Tax Breaks Not As Great As You Think via MarketWatch
It’s true that owning your home instead of renting it can result in extra tax deductions. Ask any realtor. Your cost of ownership is reduced by any tax savings, but those savings may not be as much as you expect. Here’s the true scoop. Continue reading… 

Moms Listen Up: You Need Life Insurance, Too via Jeff Rose
Salary.com published a recent study that estimates that stay at home moms work on average 94 hours a week and are worth an equivalent salary of $113,000. The fact remains is that many moms either don’t have adequate life insurance coverage on them or, even worse, don’t have any life insurance coverage at all! Continue reading… 

Is there anything that you came across this week that caught your eye? We’d love to hear about it. Leave it in the comments below.

Photo credit: Stuck in Customs via photopin cc

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1 comments
macculam
macculam

The transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate (indemnify) the insured in the case of a financial (personal) loss. The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated.

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