MoneyUnder30.com

Watch Out For The Alternative Minimum Tax

Picture this: You’ve just completed your tax return for the year. You’re stoked because you qualified for a ton of deductions this year, so you’re getting a huge refund. You are about to send of your tax return and sit back and wait for a hefty check … [Read more...]

Itemized Deductions: A Beginner’s Guide

Have you ever wondered if you can itemize deductions on your tax return? Actually, have you ever wondered what, exactly, itemizing means? If so, you’ve come to the right place. I’m going to teach you the basics of itemizing: What itemizing is, whe … [Read more...]

What Are the Chances of Being Audited?

The stress of tax time comes from organizing paperwork, crunching numbers, meeting deadlines and---oh yes---that slight but persistent possibility of having somebody go through your tax return with a magnifying glass looking for errors and omissions. … [Read more...]

Should You Hire a Tax Preparer?

It’s nearly that time of year again. The stress. The procrastination. The arithmetic. The missing receipts. That’s right; it’s almost tax time! Filing taxes and decoding IRS lingo may be some people’s idea of a good time, but for the rest of us, it … [Read more...]

Six Tax Breaks To Look For This Season

For most of us, tax season is anything but a good time. That said, you may just find some fun in unearthing some hidden tax breaks that you’ve been missing out on! And it's a good year for it: the American Recovery & Reinvestment Act (ARRA) of 2009 c … [Read more...]

$6,500 Home Buyer Tax Credit

IMPORTANT: This article applies to a tax credit in 2009 and 2010 that has now expired. Use this information for historical purposes only. The information here does NOT apply to current tax years. Good news for prospective home-buyers: It looks … [Read more...]

$15,000 Home Buyer Tax Credit?

IMPORTANT: This article applies to a tax credit in 2009 and 2010 that has now expired. Use this information for historical purposes only. The information here does NOT apply to current tax years. The $8,000 first-time home buyer tax credit program … [Read more...]

$8,000 First-Time Home Buyer Tax Credit

IMPORTANT: This article applies to a tax credit in 2008 and 2009 that has now expired. Use this information for historical purposes only. The information here does NOT apply to current tax years. My article on the $7,500 first time home buyer … [Read more...]