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If I participate in my employer's 401K plan, can I also set up a SEP-IRA for my self-employment income?

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Can I claim child tax credit for my son born on December 31?

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To my peers. Do you have concerns over the new RTRP(Registered Tax Return Preparer) testing and licensing? Do you have up to date information? Are any of you thinking of leaving taxes. What about you fincial planners that also prepare are you understanding the disclosure rules that efect everyone in the tax industry? Look for some great dialog.