Consumerist
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Newsweek has six tax deductions that you've probably never heard of, unless you manufacture fishing tackle boxes that is. Also included are clarinets for medical use and deductions for the parents of kidnapped children. [Newsweek]
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gambling
Tax Cat Buzzkill: Super Bowl Betting Wins Are Taxable
Did you participate in an office gambling pool or place a few bets with your friends? Well, bad news, big winner: those bets were illegal and your winnings are taxable. More » -
taxes
5 Last-Minute Ways To Reduce Your 2008 Taxes
USAA Mag has 5 good ideas for getting in good shape for tax season before the closing bell rings on 2008: More » -
turbotax
TurboTax Doesn't See Anything Unusual About Your $1,635,335 In Moving Expenses
Reader Elijah is glad he gave his taxes a manual check before sending them off. Despite accidentally inflating his cross-country moving expenses from $1,635 to $1,635,335, TurboTax's audit check said Elijah's return was "green" — meaning that he was at low risk for an audit. Now, Elijah's wondering: If $2,000 error on his tax return wouldn't put him at risk of an audit, what would? More » -
taxes
Tax Tip: Home Offices Are Worth The Deductions If You Qualify
A home office can be a significant deduction and well worth it if you qualify—but don't try to bend the rules. Either you qualify or you don't. Wise Bread has a good post about home office deductions, including who qualifies for a home office deduction and also what expenses are deductible. More » -
bargains
How To Get A Great Discount On A Year Of T-Mobile HotSpot Access
We've been covering One Laptop Per Child's "Buy One Get One" deal because it's a cheap way to get a very unique, kid-friendly laptop, and because at the end of the year a lot of people are looking for places to burn off some extra tax-deductible donations. But now that OLPC is rolling in one year of free T-Mobile access, the deal just turned into a true bargain—if you meet a couple of conditions. More » -
taxes
Make Sure Your Refinance Loan Isn't A "Tax Trap"
"If you fail to follow some little-known rules for calculating your home mortgage deduction, you may be writing off too much interest. Instead of saving on taxes, you could wind up owing them," says Business Week in next week's "Personal Finance" column. More » -
tax breaks
Donate Your Frequent Flier Miles To Charity
Why bother with frequent flier miles when you can donate them to charity?The donations are tax-deductible, making them an attractive alternative to the Sisyphean challenge of ferreting out an eligible seat.Many non-profit organizations have frequent flier mileage donation packages, and several major air carriers have developed charitable programs using earned miles. Some are exclusive partnerships geared to one or two specific charities, while others have multiple organizations with quarterly or monthly rotations, allowing all the participating charities equal time to receive miles.
Peter Greenberg lists several charities that accept miles as donations, from the Make-A-Wish Foundation, to Save The Dogs, an Italian non-profit committed to rescuing stray dogs in Romania. — CAREY GREENBERG-BERGER More » -
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taxes
"Girls Gone Wild" Tax Indictment Teaches Us Not To Deduct Funny-Looking Numbers
Joe Francis, the quivering chumbucket behind the "Girls Gone Wild" franchise, got indicted Wednesday for tax evasion, as noted by commenter LAGirl. His story holds a lesson for all taxpayers: when claiming deductions, don't use funny-looking numbers. More » -
taxes
Taxes: Deductions For Non-Itemizers
Even if you're just going to claim the standard deduction, Don't Mess With Taxes says there's above-the-line "deductions" you can take. More » -
deductions
Tax Deductions You Might Not Know About
Check out the Kiplinger's guide to what items you can deduct from your tax return. More » -
taxes
The 13 Most Overlooked Tax Deductions
Thirteen often overlooked deductions that can blunt the dent to your wallet come April 15th. More » -
taxes
Taxes: Breaking Changes To How You Claim College Deductions
December tax law changes mean 1040 filers claiming college deductions will have to take special steps. More » -
deductions
Tax Tip: Deduct Your Cell Phone
AllFinancialMatters has some info about deducting your cell phone: More » -
tax tip
Tax Tip: The 50 Most Overlooked Deductions
AllFinancialMatters has a list of the 50 most overlooked deductions from The Ernst & Young Tax Guide 2007. Highlights of particular interest: More » -
taxes
Two Free Tax Tools: DeductionPro and OrganizIT
Thanks to H&R Block, today is National Tax Advice day, and they're offering two free tax prep tools. More » -
tax tip
Should You Itemize Your Deductions?
To itemize or not to itemize, that is the question. Let's see what the Tax Man has to say: More » -
taxes
New Things To Know For Taxes This Year
Ladies and Gentlemen, Dependants and Deductions, it's officially tax season! Yay! So, what's new? More »
deductions
New York, 5:29 AM
Tue Nov 10
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