Topic: IRS

De-stressing tax time with organization

By Charles Moreland | March 23, 2008 |

It’s “that time of year” again — tax time. With April 15 as the tax filing deadline for 2007. We have collected the w-2 forms, the 1099s, and the statements on charitable giving, computing our itemized deductions for the year. Our government recognizes charitable contributions and permits 14 cents a mile for volunteers working for charitable and non-profit organizations.

The following guidelines constitute legitimate advice on donations that can save you hundreds of dollars.

If you have a Certified Public Accountant or tax prepare, you can save money by having all your deductions organized and ready ahead of time. Don’t show up with a shoebox of tangled receipts. Preparers often charge by the hour, so do the as much preparation as possible ahead of time. «Read the rest of this article»

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