Keeping Good RecordsHere are some tips from the IRS about keeping good records. You can avoid headaches at tax time by keeping track of your receipts and other records throughout the year.
Itemizers Can Deduct Certain TaxesDid you know that you may be able to deduct certain taxes on your federal income tax return? You can receive these deductions if you file Form 1040 and itemize deductions on Schedule A.
Tax Write Offs for Home BusinessesIf you work from home, be sure to take advantage of any tax deductions that are available to you. For example, if you set up an office in your home that is only used for business purposes, you can write of the space on your tax return.
Organizing Tax ReceiptsIt is not a coincidence that the word "taxing" and the forms we file each April have the same root word. For me the concept of filing taxes would be impossible without a computer program that does the work for me.
AARP Tax Question LineTax time is coming. Did you know that if you need help, you can call 1-800-829-1040 for free. This is from AARP.
