standard deduction

How Inflation Will Cut Your Taxes in 2014

When it comes to taxes, inflation's bite need not be too painful: The government makes adjustments to reflect the higher cost of living. Here's what you'll save in 2014.

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.

10 tax tips for seniors

Every year about this time, I receive a lot of mail from seniors who are confused about whether they should file a tax return. The confusion stems...

Tax Tips: Reduce taxes by itemizing

Taxpayers pay income tax on their income, less certain deductions. One choice is between the "standard deduction" and "itemized deduction," and...