Tax Credit

Tax Day Freebies - April 15

posted: 240 DAYS 19 HOURS AGO

filed under: Taxes, Tax Advice, AMT, Tax Basics, Tax Credit, Tax Deduction

Get all the info you need to get some free stuff today! Don't miss out!

Ever have sticker shock over the bottom line of your tax return and start to think about some "creative accounting," looking for deductions wherever you can find them? Before you get into trouble, test how well you know what is and isn't deductible.

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10 Things the IRS Won't Tell You

posted: 261 DAYS 17 HOURS AGO

Tax preparation is more complicated this year than even, especially for people who have had drastic shifts in their financial situation, and that's all the more true because the IRS is keeping some secrets from you.

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Plan Ahead for Your 2010 Taxes

posted: 273 DAYS 14 HOURS AGO

filed under: Taxes, Tax Advice, AMT, Audit, Tax Basics, Tax Credit, Tax Deduction

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Tax Day for your 2008 return is just around the corner, but it's not to early to start thinking about all the new credits you'll be getting on your upcoming filings thanks to the stimulus bill. Here's your guide to planning ahead for 2010!

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Tax Credits vs. Tax Deductions

posted: 273 DAYS 16 HOURS AGO

One comes off the bottom line, and the other is blended into your tax calculations. Which one is more valuable to you? Our video explains the difference.

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What Will the IRS Do to You?

posted: 276 DAYS 11 HOURS AGO

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What happens when you cheat on your taxes? For one thing, you could lose your nomination for a cabinet position in the Obama administration. You could end up in jail like Wesley Snipes, or you could end up with a big fine. You may think these kinds of penalties only happen to the famous tax cheats, but regular folks get in hot water too.

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The Stimulus And Your Tax Bill

posted: 287 DAYS 15 HOURS AGO

Our partners at SmartMoney continue to break down the stimulus plan and what it means to your tax bill. Today's installment contains all you need to know about homebuyer credits, the AMT, education credits and unemployment payments.

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Get Your Free Tax Prep Here!

posted: 295 DAYS 15 HOURS AGO

filed under: Taxes, Tax Advice, Tax Basics, Tax Credit, Tax Deduction

If paying a professional to do your taxes just isn't in your budget this year, don't worry, you don't have to be left to your own devices! The IRS' VITA program and a new program from Wal-Mart and the United Way can help. WalletPop went to visit one VITA office to see what a good offer it is...

Watch more AOL Personal Finance videos on AOL Video

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Senate Votes to Boost Aid for Homebuyers

posted: 309 DAYS 22 HOURS AGO

filed under: Mortgages, Taxes, Tax Credit

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In a victory for Republicans, the Senate votes to raise a $7,500 tax break for first-time homebuyers to $15,000. The measure is aimed at reinvigorating the housing industry, whose downturn in 2007 tipped the first dominoes of recession.

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