One step you can take to help get you through tax season is to ask for help from the IRS. Every business day during the tax-filing season, the IRS can email you a different Tax Tip! Tax Tips are brief, to the point and cover a wide-range of topics. Click here for more information and to subscribe to the IRS Tax Tips.
If you think your tax bill is chiseled in stone at the end of the year, think again. Though it’s true that most money-saving options to defer income or accelerate deductions become much more limited after December 31, there is still a lot you can do to make the tax-filing season cheaper and easier. TurboTax gives you ten tax saving tips for the new year. Find strategies to lower taxes, save money when preparing your tax return, and avoid tax penalties.
Doing your tax return isn't always as daunting as it seems. In fact, it actually can be a great opportunity to get your financial house in order. Click here for some General Tax Information from CNN's Money 101.