Tax Day Freebies - April 15

posted: 222 DAYS 19 HOURS AGO

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

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You Can Still Lower Your 2008 Tax Bill

posted: 233 DAYS 20 HOURS AGO

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

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Even though 2008 is growing distant in the rearview mirror, you can still make some moves that will help you save on last year's taxes (and maybe on last year's state income taxes, too). Here are four moves you can make right now to lower your 2008 tax bill, even while your 1040 is under construction.

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10 Things IRS Won't Tell You

posted: 232 DAYS 21 HOURS AGO

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

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Think your taxes were complicated last year? It's even worse this year. Click through our gallery as SmartMoney.com shares 10 things the IRS won't tell you.

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Here Comes Your Stimulus Bonus

posted: 236 DAYS 20 HOURS AGO

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

You're likely to see some more green in the next couple of weeks. Not only on the trees. Very possibly in your wallet, too. President Obama has asked that all employers adjust their payroll systems by Wednesday so eligible workers can start receiving the new Making Work Pay tax credit through their paychecks. The credit, available for 2009 and 2010, was a part of the economic recovery package lawmakers passed in February.

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Tax Quiz: Is It Deductible?

posted: 240 DAYS 17 HOURS AGO

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

AOL | AP

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: 243 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: 255 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: 255 DAYS 16 HOURS AGO

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What Will the IRS Do to You?

posted: 258 DAYS 11 HOURS AGO

Corbis

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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