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Last Chance Tax Deductions for 2015

Los Angeles (REUTERS) - If you are in the process of preparing your 2015 tax return and find yourself horrified by the amount you owe or disappointed by the paucity of your refund, you have one last chance to cut the bill by paying yourself instead of Uncle Sam.

Whereas most other deductions are off the table as of Dec 31, contributions to Individual Retirement Accounts and Simplified Employee Pension Individual Retirement Accounts, better known as SEP-IRAs are available up until the April 18 tax deadline.

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