President Signs Tax Legislation

President Signs Tax Legislation

President Obama has signed into law a sweeping tax bill that gives taxpayers some closure and certainty about their tax situation, at least for the next 2 years. The tax bill benefits a broad range of taxpayers by extending the current tax rates for the next two years, reinstating some expiring tax breaks, and offering longer-term help for the jobless. Full story

It's Never Too Early: Five 2011 Tax Tips

It's Never Too Early: Five 2011 Tax Tips

Here are five tips to help you get ahead of the game for 2011 taxes. Like saving for retirement, it’s never too early to begin saving on your taxes. We’ve posted a bunch of stuff about tax preparation steps you can take before Dec. 31, but there are things you can do between now and tax filing day that can impact your bottom line as well. Full story

How To Find Charities to Donate Toys to This Holiday Season

How To Find Charities to Donate Toys to This Holiday Season

The holidays are an unmistakable reminder to maximize end-of-year tax deductions. And if you can help brighten a child’s holiday at the same time, well, what’s better than that? By donating toys to charities this holiday season, you have the opportunity to do just that. Provided you itemize your deductions, toy donations to the following organizations (and many more) can be written off on your 2010 tax return. Full story