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How Much are the Federal Income Tax Standard Deductions in 2009, 2010
The standard IRS tax deductions are an option that can eliminate the need for you to itemize your tax return. But, taking the standard deductions when filing your taxes may not always be the best way for you...
1 commentDonating Your Car to Charity
Is it time to get rid of that old car, boat, or other motor vehicle and you don't want to go through the hassle of selling it. It used to be easy to avoid that hassle by donating your car. But today, the...
1 commentMaximizing your Tax Returns
Every year when tax time comes around, the same question stirs in my mind, "What is going to be the best way to get the maximum refund with the minimal effort?" My personal experience has run the gambit of...
2 commentsThe Housing and Economic Recovery Act of 2008
By Mikey and Steven Hall DISCLAIMER This article is intended to be a general discussion only and is not intended to, and does not give, legal advice or render legal opinions. The references contained...
0 commentsShould I Itemize or Take a Standard Deduction?
It's the age old question that rears it's ugly head around April of every year, should I itemize or just take the standard deduction? While it is certainly easier to take the standard deduction, it is worth...
0 commentsIncome tax: using the itemized deduction vs the standard deduction
When it comes to tax deduction, you can choose to use the standard deduction or the itemized deduction. You will have the option of picking either one of those. You're not obligated to choose the standard...
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