Twitter Tax Tips #7
For 2008 tax year, those who itemize can deduct state and local general sales taxes OR state and local income taxes. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
For 2008 tax year, those who itemize can deduct state and local general sales taxes OR state and local income taxes. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money in plain English.
Miranda, over at Yielding Wealth, and I are participating in The Odd Blog Couple. The idea is to have two disparate (not desperate!) bloggers answer the same question and then compare answers. You can imagine how psyched I was when we drew the question: If you could increase federal spending in one area and decrease…
This time of year, there are a lot of articles offering advice about maximizing tax deductions. But not all advice is equal – and those “tax saving” moves aren’t for everyone. Here are eight “tax saving” year end moves that many taxpayers should avoid: Stock Harvesting. Every year, you hear the exhortations to “Sell, sell,…
Sheila Billingsley writes: I have a controversial suggestion for Congress: audit tax returns every year. I prepare tax returns for a large tax company. One of the biggest sources of stress for taxpayers is whether or not they will get audited. Many of them do everything right but are still very scared of an audit…
You like me! You really like me! I’ve recently been recognized by a few other blogs and pubs and I’ve been terribly remiss with my thank yous. So, indulge me for a minute or two… Thanks to the ABA Journal for my nomination as a best legal blog for 2009. And thanks to those of…
Feeling generous? Here are 12 tips to keep in mind to make sure your charitable donations are tax-deductible.
I’ve written quite a few posts on the Making Work Pay Credit this year. If you’re looking for something specific, try these: Calculating the Making Work Pay Credit Understanding the Making Work Pay Credit What to Do if You Forgot to File the Schedule M Calculating the Making Work Pay Credit When One Spouse Works…