The Treasury Department has announced that paper savings bonds will be a thing of the past, and everything will be moving electronic in 2012. Bonds can be bought through the website www.treasurydirect.gov .
One website noted that this will limit the amount of bonds that can be bought per person per year because in the past you could buy up to 5,000 in each (paper and electronic) and now you are limited to just 5,000 in electronic bonds.
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IRS CIRCULAR 230 DISCLOSURE REQUIREMENT: IRS Circular 230 requires us to notify you that any tax advice contained in this communication is not intended or written to be used, and cannot be used, by any person for the purpose of avoiding tax penalties that may be imposed by law.
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