itemized deductions

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.

Five Most Common Tax Deductions

It's rare that the decision to itemize or take the standard deduction hinges on some of the smaller deductions that you can claim on your federal...

Itemized Tax Deductions

Each year, taxpayers have the option of claiming the standard deduction or the itemized deduction. For the tax year 2010, the standard deduction...