Archive for Tax Deductions


As the end of the year races toward us, the opportunities to find and take advantage of tax deductions and loopholes to save money on income taxes are growing scarce. Fortunately, there are still plenty of tax saving strategies that you can implement even with just a few weeks to go until the end of the tax year. One of the most effective ways for typical households to lower their tax bill is by donating... Read more→

Categories : Taxes
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Apr
18

How To Pay Less Taxes Next Year

Posted by: Finance Gourmet | Comments (1)

Save more receipts.  That is how to pay less money on your taxes next year.  You wanted something more amazing didn’t you.  So do most people, which is why they buy books and magazines and secret kits and then pay the same amount of taxes as they did last year. This year try something different.  Just save more receipts.  When it comes time to file your taxes you won’t... Read more→

Categories : Taxes
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Jan
09

2009 Tax Tips

Posted by: Finance Gourmet | Comments (1)

Ah, January, and the sound of birds chirping fills—the over active imagination of the author who longs once more for summer.  But, more relevant to people looking for real world personal finance advice, new laws and tax numbers abound.  Today, we tackle one of the simpler ones. IRS 2009 Standard Mileage Rate Every year, the IRS sets the “optional standard mileage rates” that can be... Read more→

Categories : Taxes
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