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You overhear two parents talking about the different approaches to teaching reading used by the first grade teachers in your child's school.You hear one of them complaining that her child is going to be behind if she stays in a particular teacher's classroom.What are the two approaches, and is there an advantage to using one over the other?
Savings
Money set aside for future use, often held in bank accounts, investments, or other financial instruments.
Moving Expense Deduction
A tax deduction that was available to taxpayers who relocated for a new job or business location, subject to certain IRS guidelines (currently suspended except for active military under certain conditions).
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Individuals or entities that are required to pay taxes to a federal, state, or local government based on earned income, property ownership, or consumption.
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An account that allows individuals with high-deductible health plans to save money pre-tax for use on qualified medical expenses.
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