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Lokvani Team
02/23/2015

According to IRS, one month into the tax filing season, the average federal tax refund was $3,120.

So here are 10 tips from Fidelity to reduce your taxes and increase your refund.
They include:
1. Additional charitable gifts
2. Moving expenses
3. Job-hunting costs
4. Military reservists' travel expenses
5. Child care credit, and more
6. Mortgage refinance points
7. Many medical costs
8. Retirement tax savings
9. Educational expenses
10. Energy-efficient home improvements

(https://www.fidelity.com/insights/personal-finance/10-overlooked-tax-breaks-2015)

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Asian Americans are quickly catching whites in the wealth race. Not only that, Asians are on their way to toppling whites as the wealthiest group in America. Some 65% of Asians age 35 to 39 have a college degree, compared to 42% of whites, 26% of blacks and 16% of Hispanics. Nearly a third of Asians that age have a graduate degree, more than twice that of whites. The share of blacks and Hispanics with advanced degrees are 9% and 5% respectively.

http://money.cnn.com/2015/02/26/news/economy/asians-wealth-whites/index.html?iid=HP_LN



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