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Portland, Oregon, teachers set for strike authorization vote Posted: 05 Feb 2014 02:25 PM PST By Teresa Carson PORTLAND, Oregon (Reuters) - Teachers in Portland, Oregon's largest school district, were due to vote Wednesday night on whether to authorize their union to call a strike that would disrupt classes for nearly 48,000 students in a labor dispute over staffing levels and wages. Portland's 2,828 teachers have been engaged for months in contentious off-and-on negotiations with the district on a new three-year contract, and a strike authorization vote would clear the way for a walkout the week of February 17, if no settlement were reached. The district already is bracing for a possible walkout with plans to keep its 78 schools open using substitute teachers if the need arises. "We can still negotiate after a strike vote," said Portland Public Schools spokeswoman Christine Miles.

Gather Tax Paperwork for College Savings Accounts Posted: 05 Feb 2014 06:30 AM PST In the case of withdrawals from these accounts, commonly known as 529 plans, families have to prove the money went to pay for qualified education expenses such as textbooks or tuition to avoid tax penalties. California parents Jerry and Shawna Straw are waiting for their 529 plan 1099-Q, the tax document that shows all withdrawals and transfers between plans, says Deborah Fox, owner of Fox Financial Planning Network. The Straws already received theirs, and the amount of tuition paid helps prove that the Straws used 529 plan savings toward their son's college tuition. Families in states that offer state tax deductions for college savings contributions need to save evidence of the contributions they made, says Susan Howe, a Pennsylvania-based certified public accountant.

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