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11 Tax Breaks for the Middle Class By Sandra Block, David Muhlbaum of Kiplinger | If you believe that tax breaks are only available for hedge fund managers and companies with offshore subsidiaries, you're probably paying too much to the IRS. The fact is that lawmakers have enacted dozens of tax incentives targeted at middle- and lower-class families. If you're not taking full advantage of them, it's probably because you're not aware of them. Take a look at these 11 tax breaks for ordinary Americans and make sure you're not missing out . Some of these deductions and credits can literally...

Fund Your IRA, Cut Your Taxes Kiplinger 12/16/2020 © Provided by Kiplinger As you get ready to tackle your 2020 tax return, make sure you haven't overlooked one of the best ways to cut your tax bill and secure your future — funding a traditional IRA. (There is no upfront tax break for funding a Roth IRA.) You can actually make an IRA contribution for the 2020 tax year up until the time you file your tax return, which is due April 15, 2021. But why wait? If you have some extra income – say, from a stimulus check – go ahead and deposit it into an IRA account now before you forget. You...

Florida, they are likely to lose the entire election, but in the final stretch of the campaign, the president is on defense, spending most of his time campaigning in states like florida that he won in 2016. but democrats are hoping they can steal this state. in fact, tomorrow, former president barack obama will be here in florida campaigning for joe biden. david? >> as we watch the voters leave the trump rally behind you. rachel scott, thank you. with early voting under way across the country and so much concern how to vote safely during this pandemic, our partners at 538 put together that e...

Together an easy to use state by state guide on voting both in person and by mail. you can go to abcnews.com/wntvote2020. again, abcnews.com/wntvote2020. we're going to turn now to the coronavirus here in the u.s. and another milestone tonight. cases topping the 7 million mark. and new cases of the virus now climbing in 32 states. more than 203,000 american lives have been lost, and tonight florida's governor now moving to pull back restrictions even as that state hits a grim milestone. 14,000 dead now. and news tonight, another governor and his wife have now tested positive. here's whit joh...