When preparing your tax return you are often given choices. Make sure you explore those choices fully.
You can no longer just tell the IRS that you put a five or 10 dollar bill in the collection plate each week.
Among other things, beware the preparer who promises you'll get money back.
The complexity of the Internal Revenue code leads to 'perverse' results, says the advocate's report.
You will also no doubt be getting unsolicited tax advice from non-experts. Ignore it.
There is not much new for the 2012 federal income tax return - other than the annual indexing for inflation.
Congress acted just in time, literally, on the fiscal cliff. But that didn't extend a 2% reduction in payroll tax.
With a special zero percent tax rate for investment income set to expire at the end of 2012, investors need to take advantage of the 'last chance' tax break.
It's the season to make all of your charitable contributions before the tax year ends, but make sure you know how to stay ahead of the IRS.
With the cost of a private college education now over $100,000, maximizing the tax code for your child's college expenses is critical.