graduation-cap.jpgAs tax deadlines approach, college students and their parents take note: new tax rules may help you keep more money in your pocket. Taxpayers who paid college tuition or interest on student loans for themselves or their children should ensure they are taking advantage of tax savings, says Sallie Mae, the nation’s leading saving, planning and paying for education company.

IRS changes enacted as part of last year’s American Recovery and Reinvestment Act economic stimulus package may help make the investment in higher education more affordable for tax year 2009.

(READ the article at Market

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