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Tax Tips News

Learn how to deal with your tax and money fears

Sunday May 4, 2008

Taxes don't have to be a nightmarish affair. Penalties, late fees, audits...what a pain! Here's an article for taxpayers who are having trouble climbing up the IRS' mountain of paperwork and red tape.


Avoid Interest-Free Loans to Uncle Sam

Saturday Apr 26, 2008

While it may feel nice to get a huge refund check in the mail after filing your taxes, you essentially just let Uncle Sam enjoy your money, interest free. This WSJ article reminds us to readjust our withholdings so that we can earn interest on our hard-earned money.


Index-Tracking Funds Can Lessen Tax Bite

Saturday Apr 26, 2008

Investing in taxable mutual funds may mean losing a big chunk of your returns to taxes. This WSJ article suggests index funds may be a better choice for taxable investors - even if they aren't getting the same returns as managed funds on a before tax basis. One other bonus: their fees are lower.


Tax Flubs Vacation-Home Owners Make When Selling Their Houses

Friday Apr 25, 2008

Selling your vacation home? These tips from the WSJ can help you avoid common errors and save on your taxes.


How much do you know about the history of the U.S. tax system?

Sunday Apr 20, 2008

OK. It's time to have some fun with tax trivia. Try answering these ten tax questions that Alex Trebek recently posed on Jeopardy!


Repairing Your 1040 Bloopers

Saturday Apr 19, 2008

It's easy to make a mistake on your taxes. Fortunately it's easy to fix a mistake too, says tax expert Tom Herman. You just have to file an amended form. Find out more here.


You can't stiff Uncle Sam on tax bill, but you do have options

Tuesday Apr 8, 2008

Are you dreading April 15 this year? If you're struggling to pay what you owe to the IRS, take these steps now to prevent delinquency and avoid owing even more money later.


What You Need To Know Before Filing Your Taxes

Tuesday Apr 1, 2008

As you prepare to file your taxes, make sure you brush up on these new tax law provisions, and watch out for common mistakes. WSJ columnist Tom Herman offers tips.


The 15-minute tip: Stay in touch with your taxes

Thursday Mar 27, 2008

Many people filed their taxes electronically this year. Over 58% of people did so, to be exact. Jennifer Openshaw introduces the advantages of filing electronically, but also warns us about keeping up with the details of the process.


How a Tax Adviser Can Get You in Trouble

Tuesday Mar 25, 2008

Don't let tax fraud happen to you. Even when it isn't your fault (i.e. your preparer did it!), you can get in trouble for committing something illegal. Make sure you're under the supervision of a pro, so you don't end up like Wesley Snipes.


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