With your name on the line, it’s important to make sure your taxes are done right, not done simply to wrangle you a large refund.
Tax filers should understand the difference between above-the-line and below-the-line deductions as they file their 2011 tax returns.
Even if “looking good is your business,” gym or health club membership dues aren’t deductible unless you have a note from the doctor.
If you are one of those for whom it makes financial sense to itemize deductions, these commonly overlooked deductions can ensure you get the most back possible.
MainStreet asked readers how they plan to spend their tax refund this year, and consulted financial pros for predictions on how much Americans should expect to get back – plus advice on how to spend it.
If you feel overloaded by bills, bank statements and other financial records, you’re not alone. Here is some helpful advice for getting organized today.
Tax rules change every year, and education deductions and credits are a common place to see changes year to year. Here’s what you need to know if you have any education-related income or expenses.
Many taxpayers are freaking out after having received 1099-C or 1099-A forms for debts that were forgiven, never paid back or wiped out in bankruptcy. Take a deep breath! You may not have to pay taxes on the amount of the income listed on these forms.
The Internal Revenue Service is offering free tax preparation assistance from certified volunteers for moderate- to low-income taxpayers.
Valentine’s Day gifts aren’t the only thing your credit card can help you save money on. Here’s a roundup of some of the better tax deals your credit card can buy you.