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Friday, November 19, 2010

Maximize your 2010 US federal refund

The holiday season is nearly here, which means it's year-end tax planning time. You only have until the end of December to act on certain money-saving credits and deductions. Read on for tips on how to maximize your 2010 federal refund by doing a little year-end planning now!

TaxACT 2010 Preview Version—available now—will cover these and all the other new tax law changes, so you won't have to keep track of them on your own.


Winterize Your Home Now to Save Energy & Money on Your 2010 Taxes
According to the Internal Revenue Service, homeowners making energy-saving improvements this fall can cut their winter heating bills and lower their 2010 tax bill as well. Read More...

IRS Explains 2011 Changes to Flexible Spending
The IRS issued guidance reflecting changes regarding the use of certain tax-favored arrangements, such as flexible spending arrangements (FSAs), to pay for over-the-counter medicines & drugs. Read More...

Tips for Taxpayers Making Charitable Donations
Are the holidays putting you in a giving spirit? If so, you may be able to take a deduction for it on your 2010 tax return. Here are the top 10 things the IRS wants you to know before deducting charitable donations. Read More...

Your Guide to Tax Law Changes
TaxACT will guide you step-by-step through all the tax law changes for 2010 to help minimize your tax liability. Preview editions of TaxACT 2010 are available now so you can import data from last year's return and start your 2010 tax planning immediately. Read More...