Archive for Tax Tips
Haiti Cash Donations Still Deductible Until March 1, 2010 (Today)
Posted by: | CommentsSometimes it seems cold and heartless to think about money and tax deductions. With hundreds of thousands dead and untold masses homeless, not to mention a country destroyed, this can seem like one of those times. On the other hand, when people choose to open their hearts and give money to help those in need, the U.S. Government thanks them in the form of the charitable tax deduction. Typically, donations... Read more→
How To Deduct Property Taxes
Posted by: | CommentsWhen it’s tax season, everyone’s thoughts turn to tax deductions. Financial advisors and accountants alike are flooded with calls from frantic clients looking to save money on taxes by finding new deductions or other 2009 tax tricks. The most common question by far is, “Is this Deductible?” Unfortunately, many tax deductions are either too small to have very much impact on how... Read more→
End Of Year Tax Tips – Save Money On Taxes By Donating Clothing and More
Posted by: | CommentsAs 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→
2009 End of Year Tax Strategies – Calculate Dollar Amount of Tax Moves
Posted by: | CommentsAh, November, when the American mind turns toward Thanksgiving, Christmas shopping, and strategies to avoid paying too much taxes for 2009. Yes, you should be doing tax planning year round to achieve the maximum savings on taxes, but reality isn’t always so kind. Still, there are some end of year tax moves that are smart and some that just aren’t worthwhile tax strategies when you add... Read more→