Hopefully the first is a long way off, but the second is looming once again. Whether you have an accountant on staff, go to the national tax franchise or are a DIY kinda guy/gal, some of these resources might help.
I learned a long time ago, never to attempt doing my own hair or my taxes, but as an independently-minded broad I want to arm myself with as much info as I can as I head into tax season, either to feel a sense of power or just to drive my tax guy crazy. So, as you sort through your envelopes, spread sheets, baskets, couch cushions and files, trying to squeeze every dime out of your tax return, check out these sites.
Because…not all of us keep our cash in the Caymans.
• American Opportunity Tax Credit
• Charitable Donation Tax Deduction
• Tax Credit for Buying a Home (My fav!)
• 3 Tips to Maximize Itemized Deductions
• Home Equity Loan Deduction
• Can I Deduct a Donation Made on a Credit Card?
• Home Office Deduction
You can explore further by going to the IRS site and here are some lists created by my “staff CPA” or on. http://taxes.about.com/od/deductionscredits/Deductions_Credits.htm
Take heart, my friends, as you stay up into the wee hours, surrounded by piles and blinded by trying to read that faded ink…No matter how it ends up or which way the tax check is written, it’s your very own contribution toward reducing the national debt.