Taxes

Cutting Taxes

Will Uncle Sam Let You Write Off a Church Raffle Ticket?

Q: I bought $1,000 in raffle tickets to help out my church, which was giving away a car. I don’t…

Tax Planning

Answers About the Latest Tax Rule Changes

Answers to this year’s trickiest questions The April 15 tax-filing deadline is fast approaching, but many Americans still are struggling…

Tax Preparation

Is Your Tax Return Asking for an Audit?

Red Flags to Avoid An IRS audit. It's what taxpayers most dread as they prepare their returns and what 1.3…

Cutting Taxes

Midyear Tax-Saving Opportunities for 2009

Changes in both the tax law and the economy create new tax-­saving opportunities in 2009 -- as the ­recession makes…

Cutting Taxes

Big Tax Breaks You Can Still Get for 2008…

Don’t overlook these tax-saving ideas for 2008. You can use them during the rest of the year to reduce the…

Tax Planning

Six Reasons to See Your Accountant After Tax Season

If you filed your 2008 tax return by April 15, you might think that you won’t see your tax pro…

Tax Preparation

10 Questions to Ask a Tax Preparer

If you can do your taxes on your own, fine. But taxes have become so complex that you may want…

Taxes

What to Do if the IRS Comes for You

Twice as many tax audits now IRS audits have more than doubled in the past decade. The number of taxpayers…

Cutting Taxes

Refinancing Your Mortgage? Maximize the Tax Breaks

Interest rates may be falling slowly, but they are falling, as the Federal Reserve seeks to ease credit. As of…

Cutting Taxes

New Deductions and Timely Strategies for a Bigger Tax Refund

In today’s tough economy, you’ll want to give as little as possible to the IRS... and get the biggest tax…

Taxes

Taxpayer Victories—Ordinary Citizens Beat the IRS: Loopholes for Us All

You may think that you don’t stand a chance in fighting the IRS, but you would be wrong. Taxpayers can…

Tax Preparation

What Your Accountant Won’t Tell You (Because He May Not Know)

A Top CPA answers the new tax questions Many taxpayers are delaying filing this year. There are new tax rules…

Tax Planning

Penalty-Free Ways to Minimize Estimated Tax Payments

One of your first tax moves of 2008 should be to adjust the amount of income tax that you pay…

Tax Planning

Save Thousands in Taxes

Best strategies for the rest of the year... and beyond Now is a great time to take steps to minimize…

Cutting Taxes

Minimize AGI

Reducing your adjusted gross income (AGI) for 2009 can produce multiple benefits, including... Increasing deductions for expenses that have percentage-of-AGI…