5 Ways to Pay the IRS Less Next April
If you're still in shock from the amount of taxes you just paid, start working now to reduce what you send the IRS next year. Here are five ways you can shave your tax bill.
If you're still in shock from the amount of taxes you just paid, start working now to reduce what you send the IRS next year. Here are five ways you can shave your tax bill.
If you're just now realizing that you missed out on a tax deduction or credit for 2012, don't worry: You can file an amended return for up to three years.
By cutting your tax bill dollar-for-dollar, tax credits are a can't-miss way to pay less to the IRS. Here are five tax credits you need to know about.
Use these tax filing tips to avoid missing deductions or credits and paying the IRS more than you owe. Or worse, making mistakes that could get you in trouble with the taxman.
Cut your tax bill to the bone by claiming all the breaks you're owed, including some you may have forgotten or might have never heard of. Here are the top missed deductions.
In 2009, Americans missed out on $800 million in education-related tax breaks. If you're paying tuition, make sure you get your share: Before you complete the take-home final that is your 2013 tax return, review the four most-lucrative tax breaks for college students.
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.
Many state and local governments offer businesses tax credits to give them an incentive to create jobs. A good deal -- unless your company's tax bill is already too low for tax credits to help. Enter, the new Online Incentives Exchange -- a place where companies can turn those credits into cash.
In many cases, getting married can mean big changes in your tax situation, and the sooner you start planning, the more likely it is you'll avoid some huge pitfalls that snare many newlyweds.
Unless you've filed for an extension, today is the last day to get your taxes turned in to the IRS. It also happens to be Tax Freedom Day, when the average American has worked enough days to have paid all their taxes for the year.
There's a popular tax break out there that paid more than 26 million workers a total of nearly $59 billion last year. Yet as many as 1 in 4 of those who qualify for this tax credit failed to claim it, missing out on hundreds, or even thousands, of dollars. That break is the earned income tax credit.
Although the end of 2011 is near, it's not too late to make sure you don't owe more to the IRS than you need to on April 15. Here are some tax-smart moves to make before you head out to that New Year's Eve party.
They say good things come to those who wait. They also say he who hesitates is lost. But when it comes to half a dozen juicy tax breaks, it's the second "they" you should listen to, because he who waits until Jan. 1, 2012, to take advantage of them will be out of luck.
Years ago, the fellow running the IRS told Kiplinger's Personal Finance magazine that he figured millions of taxpayers overpaid their taxes every year by overlooking just one of these deductions. Don't be one of those millions: Read on, and find out how to cut your tax bill to the bone.
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.














