2005 Tax TipsAll Questions Ask a Question Follow

Tips and ideas about saving time and money when preparing or paying taxes.

2006 (2)
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14 Total Articles   Page 1
Pile of receipts on a white background

Organizing Receipts for TaxesThis is a page about organizing receipts for taxes. Getting an keeping your tax deductible receipts organized will help when preparing your return and can help with potential refunds or lower taxes owed.


Gifted Money

Paying Taxes on Gifted Money?This is a page about paying taxes on gifted money. The tax burden on gifted money is determined by Federal tax law.


Tax Tips

Tax TipsThis page contains tax tips. Being prepared to get your taxes done correctly before the deadline is the goal.


Bill folder for medical expenses.

Tracking Medical ExpensesThis is a page about tracking medical expenses. Tracking your medical expenses is part of preparing for tax season.


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Taxes and Savings Bond Interest?We purchased savings bonds for our children when they were young to use for education, but they did not mature enough until children were out of college.


Filling out a tax form.

Finding Tax DeductionsThis page is about finding tax deductions. There are many deductions that decrease the amount of taxes you need to pay, if you know what they are.


Online Sales Tax

Saving Money on TaxesThis is a page about saving money on taxes. It isn't always necessary to spend a lot of money to have your taxes prepared and filed.


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My Frugal Life: Saving Money And Tax TimeWe have so many things in the fall and winter to spend money on so tax time is in the spring or late winter. In Canada, we do no not have to hand in our tax form if we have money coming back to us, so we wait till October to send in our tax form.


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Claiming Clothing Donations on Taxes?Can a host business of a clothing donation box claim the items in the box on their taxes?


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Claiming Unreimbursed Work Expenses on Taxes?I work for a company that pays $400.00 in expenses a month towards mileage and up keep on my car. I drive way over what I get a month. How do I handle this at tax time?


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Getting Ready for Tax SeasonDuring the year keep a running tab on how much you have spent on all medical costs including prescriptions, doctor visits, dental visits, co-pays etc. I also keep my statements and receipts together with this list in a folder.


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Tax Software Reviews?A lot of people are doing their taxes online or using tax software. What software do you use to do your taxes?



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Free Tax Guide For IndividualsAre you facing a lot of different tax questions this year? IRS experts have pulled together an overview of common tax issues in one convenient place.


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Haven't Filed Your Taxes Yet? Don't Panic!It is Tax Day here in the U.S. Here is some information for links to the IRS for extension forms and post office hours for mailing your tax return or extension.


A file folder for tax receipts.

Home Business Tax Deduction ChecklistIf you're running a personal business, you need to keep close fiscal records for each year's income tax. Keep track of both your earnings and your deductions, and save a receipt for everything.


A photo of tax forms.

Saving Money on TaxesTips for saving money on taxes and tax preparation. I would recommend going to a tax professional at least once in a while. Usually they do know more than you do about taxes and you might learn from them.


Organizing Tax Receipts

Organizing Tax ReceiptsIt is not a coincidence that the word "taxing" and the forms we file each April have the same root word. For me the concept of filing taxes would be impossible without a computer program that does the work for me.


Prepare for Tax TimeTax Time, I hate it. However, there are a few things I do to prepare. Start only when feeling sharp, refreshed, and clear headed. If there are errors, it will only delay that return you need so badly.


A stack of tax paperwork.

Earn Tax Credits and Save EnergyTax returns are a pleasant springtime surprise for many. By cashing in on deductions, one can make that surprise even bigger. One of the deductions to plan for in the upcoming year is the Energy Policy Act of 2005.



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Completing the 1040EZ?Why is there an age limit on the 1040EZ and other forms?


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Age Limit for Child Dependent on Taxes?Can you still claim a child who 17 as a dependent?


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Paying Taxes on Gift Money?I'm new to paying taxes and have a question about gift money. I know gifts are not taxed for the recipient, but if one takes a gift and deposits it in a savings account for more than one tax year, will it ever be considered taxable income, or will only it's annual interest (if high enough) be so treated?



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Inexpensive Income Tax Service?I need a cheap service to file my income tax. i do not want to file online. Any suggestions?


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