With the April 15 tax deadline approaching, you likely have two responses: concern about how much you owe or anticipation over a refund. I’ve found myself in both situations – writing Uncle Sam a check and having him write me one. The latter is far better. Let’s say you’re fortunate this year and are getting […]
No one’s income tax situation is identical. That’s why it’s hard to have an across-the-board checklist for 2011 tax documents you’ll need to prepare your taxes. But there are some standard tax documents everyone should have (including single parents), and now is the time to start accumulating them. Filing your tax return is stressful enough. […]
With today’s insanely complicated income tax code, it’s no wonder many people hire tax preparers. You might be wise to do so. But don’t be too trusting of people who offer to file your tax return. Just as some individuals try to cheat the IRS, some tax preparers try to cheat their clients. Choose someone […]
I hate paying income taxes. Who doesn’t? With the April 15 filing deadline looming, I think of the huge chunk of my income that goes to Uncle Sam. As a single dad, I could use that money to pay bills and afford a few extras. The IRS wouldn’t notice if I cheated just a little […]
By this point in the year, you may not think you can do anything to lower your 2011 income tax burden. Wrong. With a little thought and some action, you could make a sizeable dent in the tax bill you owe Uncle Sam.