Getting the Most out of Giving To Charity

Tax Deductions: Giving to Charity

This is the time of year when we think about giving to charity. On cue it seems the colorful lights and Christmas cheer is accompanied by bell ringers, phone calls, benefits, and letters asking for our donations.

Tax Withholding Tables Updated for 2011

A recent IRS press release concerning the 2011 income tax withholding tables could save you quite a bit of money this next year. As you look at your paystub – and what you are allowed to take home verses what you are allowed to keep, there are many factors – federal taxes, possibly state taxes, [...]

Filing Your First Tax Return as Newlyweds

Getting Married

Finally, the day is over. You’ve walked the aisle, tied the knot and are headed into a life together. Now, as tax season is dawning, how will this affect things when you file tax return this year? Should you file a 1040EZ or a 1040? Should you file separately or jointly? Just when the wedding [...]

Does the IRS Owe You Money?

File Tax Return

Could you be owed several hundred dollars in unclaimed tax refunds? Could it be in your bank account with just a quick phone call? Though it’s hard to imagine, thousands and thousands of people are owed unclaimed tax refunds by the IRS. In fact, $164.6 million worth of unclaimed tax refunds is owed across the [...]

Can Your Refund Be Less Than You Expect?

Tax Refund

After you file taxes online, know the top tips concerning your refund. Examiner’s Jay Petrillo’s September 21st 2010 article “10 Federal Tax Refund Tips You Need to Know” explores the waiting time that comes after you file taxes.

Will Taxes in NYC Rise?

As you are preparing to file New York state taxes online, there are many things that play into any tax increases. Most states are struggling to make budget, and New York is not an exception. Recently, Mayor Bloomberg needed to propose some heavily debated cuts. However, will cutting thousands of New York jobs help? That’s [...]

8 Great Tips for E-Filing Your 1040ez

Calculating your 1040ez

Looking for a quick list to refer to when you e-file 1040ezthis year? Look no further. In their November 29, 2010 article, Keene Sentinel, the New Hampshire paper published a concise list of suggestions for 2010 e-filers. One of their writers, ARA, who often concentrates his articles on quick tips and timely advice wrote a [...]

Will Illinois Raise Their Income Tax Rates?

Illinois state income taxes may or may not be rising this year, but the discussion is on the table. In the Chicago Sun Times November 17th, 2010 article entitled “No Tax Hike by Democrats Alone” by journalist Dave McKinney, the rundown of the issue is explained.

Filing Taxes Online is Easy

Filing Your Taxes

Next year when you file your taxes, consider the option to file taxes online. With more and more internet options for tax payers, it’s worth the consideration says Kiplinger’s Mary Beth Franklin. With her comprehensive list of tax articles, Mary Beth Franklin, the senior editor of Kiplinger’s Personal Finance puts out quite a bit of [...]

Saving on Child Care when you E-file Your Taxes

Save with the Child Care Tax Credit

Hardworking families today need to know where they can get some tax breaks when they efile taxes. One of the most helpful breaks pertains to child care. You can claim a child-care credit when you efile taxes and get hundreds back. Bill Bischoff of Smartmoney explores your options in his November 10th, 2010 article.