Charitable Deductions

IRS Audit Triggers: Six Red Flags

The IRS only audits about 1 percent of individual tax returns, so the odds are pretty low that yours will be picked --unless you have one of these 12 red flags.

9 Year-End Tax Tips for Non-Millionaires

If you're a millionaire, lowering your taxes can be complicated. But for the rest of us who are not near the top tax brackets, minimizing payments to Uncle Sam can be simpler. Here are some tips to help you lower your tax bill.

5 tips for maximizing tax deductions

When it comes to deductions, many taxpayers miss out -- not because they don't qualify for the deductions, but because they fail to keep good...

Itemize tax deductions to save money

Each year, taxpayers have the option of claiming the standard deduction or the itemized deduction. For the tax year 2009, the standard deduction for...

Senate OK clears way for Obama budget

Late Thursday night, the U.S. Senate approved President Obama's $3.5 trillion fiscal 2010 budget, and in the process gave the new president much of...