Donate now to various disaster relief efforts to help the people and communities ravaged by the earthquake and tsunamis in south Asia and eastern Africa. Not only do you ... Read More

Dear Tax Guide, Can I file an old tax return and get a refund? How many years back can I file an income tax return when the government owes me ... Read More

Thinking about giving to a charity or nonprofit to boost your itemized deductions? That's a smart move, but do your homework first. Robert DeMartinis, the Guide to Nonprofits, offers suggestions ... Read More

Mississippi is offering tax amnesty for people and businesses who haven't filed their tax returns, or who substantially understated their tax obligation. September through December 2004.

The Illinois CPA Society has released their top ten picks for year-end tax reduction strategies. Topping this list at number 1: Max out your retirement savings through a 401k. Also, ... Read More

The IRS today has released Publication 600, "Optional State Sales Tax Tables" in PDF format on its web site. If you are itemizing your deducations, you can choose to deduct ... Read More

Thinking about buying a massive SUV for their Section 179 tax breaks? TaxGuru Kerry Kerstetter advises self-employed people on how to deduct all that depreciation for a sport utility vehicle ... Read More

Are you overpaying -- or underpaying -- your taxes? Adjust your tax withholding so that you can keep more of your money. Financial Planning Guide Deborah Fowles explains the ins ... Read More

If you sell off any stocks, bonds, or mutual funds that have lost value, you can use your investment losses to reduce your total income. You can use losses to ... Read More

Can I increase my withholding at my day job to cover additional taxes from my self-employment gigs? Yes, you can. Here's how to calculate how much you should withhold. Have ... Read More

Dear Tax Guide, Can laser eye surgery be deducted as a medical expense for tax purposes? Yes, but find out how itemized deduction fit into your overall tax strategy. Read ... Read More

If you are self-employed or own a small-business, here are some savvy year-end tax moves from Smartmoney.com. Buy software, equipment, or company vehicles before the end of the year to ... Read More

Beginning on January 1st, 2005, anyone who donates a car or other vehicle to a charity must receive a receipt from the charity showing the actual dollar amount the charity ... Read More

The goal of tax planning is to arrange your financial affairs so as to minimize your taxes. There are three basic ways to reduce your taxes. You can reduce your ... Read More

Can you claim someone as a dependent on your tax return? Find out the five criteria for claiming a dependent.

Check out our growing collection of tax terms in our new Tax Glossary.