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Monitor a change in tax legal. Monitor changes in tax law throughout the age to proactively reduce your tax statement. Keep an eye on new credits and deductions as well as those that you might have been eligible for in solutions that will phase out.

In 2003 the JGTRRA, or Jobs and Growth Tax Relief Reconciliation Act, was passed, expanding the 10% tax bracket and accelerating some on the changes passed in the 2001 EGTRRA.

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