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Organizing For Tax Time

There is never a more important time to be organized than tax season. It’s so important to know where all of your important paperwork is so that you can maximize your refund, or at least reduce your liability. If you are running around looking for receipts and other important papers, now is the time to get organized for next year. Start a file right now for 2012 taxes. Put everything in there, if you are unsure if something is deductible, throw it in there any way and you can sort it out when the time comes. I use a file … Continue reading →

Another Reason to Clear Out Clutter: Save on Taxes

Every little bit helps, and if you want to get a bigger tax return than you anticipated, it is time to up your deductions. Charitable contributions, including those made as household donations to goodwill or another charity count against the income that you made this year. So, go through your home and get that car filled with stuff that you can claim. You’ll have to get it donated by the end of the year in order for it to count on your 2011 taxes. The first thing that you need to know about donating items to a charity and benefiting … Continue reading →