As you may or not know, many aspects of the tax code are subject to certain phaseouts - IRA contributions, medical expenses, rental real estate losses to name a few.  However, there are ways to combat these phaseouts and still accomplish what you want to.   For some of the aforementioned phaseout items, the rules can get pretty complex given different scenarios so I'll stick to the basics and tackle different items over the coming weeks.

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If you follow us on Social Media, mainly the big three - Facebook, LinkedIn, and Twitter - you recently saw that I referenced #WalMartDilemma and you may have wondered what I meant by that.   Since this month's #BusinessTip is about establishing your business's credit policies, I think it's important to note a problem that may arise as you establish these policies. Every product manufacturer dreams of the day that they get an order from Wal-Mart.   All those years

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