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Tax Aspects of Refinancing Your Home Mortgage Given all the turmoil in the residential lending market of late, it may be worth-while or even necessary to refinance your mortgage.   Paying for College: Recent Legislation May Help As anyone with a child in college or going to college in the next few years knows, a college education is not getting any cheaper. But, recent legislation has made that college education a bit more attainable.   Used Vehicle Donation Rules There are strict rules for charitable contributions of used motor vehicles, boats, and airplanes that apply to donations valued at over $500. If these rules are not met, a taxpayer cannot claim a charitable deduction. This article explains how the rules work and how taxpayers can verify their donation of a used vehicle, boat, or plane.