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The IRS has set many tax deductions and benefits instead for individuals. Unfortunately, some taxpayers who bring home a higher level of income can see these benefits phased out as their income climbs.

Back in 2008 I received a call from a girl teacher who had just adopted her tax assessment results. She had also chosen early retirement in November 2007. Yes, you guessed right. she had taken the D-I-Y way to save money for her retirement.

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