Tax Tips

August 26, 2017

Top Taxpayer Mistakes

Here’s the lineup of the biggest mistakes taxpayers make. And what to do to avoid them. 1. Bad math According to the Internal Revenue Service, errors […]
August 26, 2017

Taxpayer’s Checklist

Taxpayer’s checklist for Tax Year 2010 Information you need Where to get the data   PERSONAL DATA   Social Security numbers (including spouse and children). If your […]
August 26, 2017

Itemizing Your Deductions

If the amount of your allowable deductions is greater than your standard deduction, the IRS encourages you to itemize your deductions. Major categories for itemizing deductions […]
August 26, 2017

Filing for an Extension

The tax-filing deadline is April 15, 2010. Which means you have until April 15 to file a return for the calendar year that ended December 31, […]
August 26, 2017

Common Tax Credits

Even better than a tax deduction is a tax credit. A tax credit reduces the amount of taxes you owe dollar-for-dollar. For example, a tax credit […]