It's finally time to start paying all those college-related expenses you've been saving for all these years. Be sure to take maximum advantage of the various tax breaks available to you for education expenses - they're free money too!

(Originally posted 2/28/2008). A few weeks ago we promised to review all of the free federal tax software that the Internal Revenue Service and 19 tax companies provide taxpayers who make $54,000 or less a year ($56,000 in 2008). True to our word, three FiLifers who qualified for the Free File service gathered together their tax ...

From saving money on prescription drugs to finding free help for doing your taxes, use your phone line or go online to find valuable information just for you. We’ve gathered this list of resources for seniors for you to use.

So, what if you just filed this year’s taxes and realize that you’ve made a mistake? And just to be safe you decide to go through past years’ taxes and realize you’ve made mistakes on some of them as well.

Tax expert S. Kay Bell offers advice on how to handle your tax life when dealing with a divorce. These tips come straight from her new book The Truth About Paying Fewer Taxes. Bell also runs her own blog Don't Mess with Taxes.

The level of tax-prep assistance you need will depend on the sophistication of your finances and investment returns.

Questions to ask tax prep service providers.

Gitf-tax limits apply to 529 college savings plans...sort of. There is a loophole that lets you give more than $13,000 to a 529 plan in one year.

Most bond interest income is taxed at your ordinary income tax rate. But when you start to move into different types of bonds and accounts, you'll realize that bond income taxation is anything but standard.

Which tax-prep service you choose will depend on whether you want a person helping you one-on-one or easy-to-use software.