Taxes Blog Filters

Thursday, March 30, 2006

Dependents: New Rules

So far, the number one issue for your 2005 taxes is ... Can I still claim my dependents? The answer, surprisingly, is maybe. There's new rules for claiming dependents. It used to be, you had to provide over half the...

Dependents: New Rules

Wednesday, March 29, 2006

Turbo Tax Tips

Make the most of TurboTax with these tips and suggestions. TurboTax is a very popular tax preparation software. If you haven't used TurboTax before, or if you haven't used TurboTax in a few years, this may be a good year...

Turbo Tax Tips

Updated: Before You Buy Tax Software

Adding tax software to your personal finance software collection is a great way to save money on tax preparation fees, especially if you have your records in order and a few hours of time. Tax software has become quite...

Updated: Before You Buy Tax Software

Tuesday, March 28, 2006

Reduce Your Tax to Zero through Tax Credits

Every year I see clients who are scared to death of filing their taxes and live in fear of what the IRS might do to them. I always tell these clients that they will be OK, that as long as...Everyone is entitled to reduce their taxable income by tax deductions. Tax Tip of the Day: Did you know that 39% of Americans don't take any steps to lower their taxes?* However, everyone is entitled to reduce their taxes by...Claiming tax credits is an important step in reducing your taxes. Tax credits are available for raising kids, for going to college, and saving for retirement. A tax credit can reduce your tax to zero and get you a full...