If You Donated for Sandy or Sandy Hook, Don't Expect Tax Break
If you donated to disaster relief in the wake of Superstorm Sandy, or local charities after the Newtown, Conn., school shooting, you may not get the tax break you expected.
charitable donations
Don't Get Burned by Your Charitable Deductions
Making a charitable donation is one way many Americans help to reduce their overall tax liability, but if not done properly, you could lose that cherished deduction.
Could Itemizing Save You on Taxes? Find Out
Though we all groan about having to pay taxes, the government is nice enough not to tax us on everything we earn. There are two big buckets of deductions the government gives us: The first are called "above the line," and the second are called "below the line," and those are what we'll cover here.
Your Year-End Tax To-Do List: A 5-Step Plan
Nobody likes to spend the holidays thinking about taxes. But by spending a little time now, you can potentially give yourself a nice reward when your IRS refund comes next year. Here are five ways you can uncover tax savings between now and New Year's Eve.
5 Fee-Free Ways to Donate to Disaster Relief Efforts
It's a recurring problem with making charitable donations online: You're not just donating to the charity -- you're also "donating" to the companies that process the payments. But if you'd like to get the most bang for your charitable buck, there are ways around those processing fees.
From Clutter to Cash: The Best Places to Sell Your Stuff
There are so many ways to unload items you no longer need or want. But what's worth your time to sell and where will you get the most for a given item? Here's a quick guide to raising cash from your cast-offs.
Afraid of an IRS Audit? It's Not As Bad As You Think
No one is claiming that an IRS audit is a cakewalk. But a tax audit is probably less likely -- and less gruesome -- than most people fear. And the IRS isn't allowed to swoop down upon you just any old time: Their clock is ticking.
Top Five Tax Resolutions for 2011
While the pains and pressures of this year's tax season are fresh in your mind, give some thought to next April 15. Here are five tips from the personal finance pros for making next year's tax filing season less stressful and more monetarily rewarding.
