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	<title>Tax Deductions &#38; Advice</title>
	<link>http://www.tax-deductions.info</link>
	<description>Help, Tips, Advice and such regarding Taxation - namely, Avoiding it</description>
	<lastBuildDate>Wed, 27 Feb 2008 14:18:51 +0000</lastBuildDate>
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	<item>
		<title>Top 5 Overlooked Tax Tips</title>
		<description>However you work your taxes - the old-fashioned way, utilizing software packages or hiring a professional - it is more than worthwhile to be aware of the income tax deductions and credits which can save you money.

According to the Internal Revenue Service, the biggest claimed value comes from personal exemptions, ...</description>
		<link>http://www.tax-deductions.info/top-5-overlooked-tax-tips/</link>
			</item>
	<item>
		<title>Tax Preparers Cracking Down</title>
		<description>
Burden for preparers
Tax preparers may start being tougher in asking you to prove your entitlement to certain deductions. This is because a law was recently passed that requires these professionals to help weed out tax dodgers. This may result in increased paperwork and greater fees to some taxpayers since a ...</description>
		<link>http://www.tax-deductions.info/tax-preparers-cracking-down/</link>
			</item>
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		<title>Tax Credits and Tax Deductions - Qualification Limits</title>
		<description>If you've ever stooped through a short door or tried to reach a book off the top shelf you know how uncomfortable it is to be the wrong size. The same thing is true with taxes - many tax benefits are only available to families and individuals whose AGI (adjusted ...</description>
		<link>http://www.tax-deductions.info/limits-on-qualifying-for-tax-favored-items/</link>
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		<title>Standard Deductions versus Itemized Deductions</title>
		<description>Deductions are expenses the IRS allows you to subtract from your taxable income, lowering your overall tax bill. There are two ways to file deductions - using the standard deduction, and "itemizing."
Standard Deductions
Every taxpayer is allowed to take a standard deduction. The standard deduction assumes you have an "average" amount ...</description>
		<link>http://www.tax-deductions.info/standard-deductions-versus-itemized-deductions/</link>
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		<title>5 Tips to Maximize your Tax Breaks</title>
		<description>What's the difference between a taxidermist and a tax collector? According to Mark Twain, "The taxidermist takes only your skin!" Many Americans would agree with him - tax bills often seem unreasonably high. Fortunately, there are many completely legal ways to reduce your taxes and keep more of your hard-earned ...</description>
		<link>http://www.tax-deductions.info/5-tips-to-maximize-your-tax-breaks/</link>
			</item>
	<item>
		<title>Top 10 Tax Tips for the Self-Employed</title>
		<description>Innovative technology and the convenience that the Internet and teleconferencing brings have led more coaches, contractors, professional consultants, and freelance workers to go into business for themselves. Being self employed isn't a means of simply generating additional income to supplement a job - it has become a full-time endeavor. A ...</description>
		<link>http://www.tax-deductions.info/top-10-tax-tips-for-the-self-employed/</link>
			</item>
	<item>
		<title>Tax Refund Anticipation Loan - Consumer Advisory</title>
		<description>This tax season 10% of Americans will let someone borrow them their own money through a tax refund anticipation loan.  Rates might be as high as 744%.  A rapid refund is just your income tax refund given to you on the spot by your tax preparation service- usually within 1-2 ...</description>
		<link>http://www.tax-deductions.info/tax-refund-anticipation-loan-consumer-advisory/</link>
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		<title>Homeowner Tax Deductions</title>
		<description>
Homeowner Assistance for 2007
Increasing the amount for AMT exemptions was one of many changes in tax law during 2007. The federal legislature also made possible tax deductions for persons facing home foreclosures, as well as those purchasing mortgage insurance policies last year.

Mortgage insurance is mandatory in cases where buyers put ...</description>
		<link>http://www.tax-deductions.info/homeowner-tax-deductions/</link>
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		<title>10 Ways to Beat Tax Procrastination</title>
		<description>Does the thought of preparing your small firm's tax return make you queasy? Do you put it off until the deadline, hoping against hope that it will disappear? You don't need to go through this anymore. There is now an excellent small business owner's guide to tax preparation that can ...</description>
		<link>http://www.tax-deductions.info/10-ways-to-beat-tax-procrastination/</link>
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		<title>Tax Advice Follies of the Rich and Foolish</title>
		<description>Wesley Snipes, star of such amazing action films such as Blade, Blade II, Blade III, Blade IV, and Blade V faces 17 years of imprisonment and resulting ass-rape for charges of failing to file a tax return.

Mr. Snipes' defense is that he was "following unscrupulous tax advice". 

 </description>
		<link>http://www.tax-deductions.info/tax-advice-follies-of-the-rich-and-foolish/</link>
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	<item>
		<title>Tax Deduction for Commuting Costs</title>
		<description>Deducting mileage for your commute is not allowed by the IRS unless you know a few commuting mileage tax deduction tricks. The IRS mileage allowance can include virtually all your commuting mileage expense, allowing you to take a mileage tax deduction for the miles you log from your home to ...</description>
		<link>http://www.tax-deductions.info/tax-deduction-for-commuting-costs/</link>
			</item>
	<item>
		<title>Free Tax Advice in Virginia</title>
		<description>Riding on the coattails of TurboTax's Free Tax Question gimmick, the Virginia society for Certified Public Accountants have decided to throw their own version of this same shindig. 

Anyone who files federal or state tax returns in the Commonwealth of Virginia is offered free tax help and tax advice through the Tax Resource ...</description>
		<link>http://www.tax-deductions.info/free-tax-advice-in-virginia/</link>
			</item>
	<item>
		<title>How to Pick A Tax Attorney</title>
		<description>First and most importantly before we lay out the basics of making a wise choice-one that will hopefully develop into a long term professional relationship; it is important to decide why you want a tax attorney. Truly, the myth of the safety net that tax attorneys provide is just that ...</description>
		<link>http://www.tax-deductions.info/how-to-pick-a-tax-attorney/</link>
			</item>
	<item>
		<title>Free Tax Advice</title>
		<description>The folks at TurboTax have started FreeTaxQuestion.com. Their ads say that after you submit your tax question there, a real person will call you and answer your question within 24-48 hours.

Here’s the question sent in by the filife blogger:
Should I file individually (as opposed to my parents claiming me as ...</description>
		<link>http://www.tax-deductions.info/free-tax-advice/</link>
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		<title>Handy Tax Deductions For Rental Properties</title>
		<description>If you own rental property, you should be aware of your tax deduction options. Knowing how to save money can help you to pay your mortgage and keep your income higher from your rental units. You can get different benefits and should know about the normal deductions that you can ...</description>
		<link>http://www.tax-deductions.info/handy-tax-deductions-for-rental-properties/</link>
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		<title>TaxACT Offers Free Tax Software on Amazon.com</title>
		<description>CEDAR RAPIDS, IA--(Marketwire - January 24, 2008) - 2nd Story Software®, Inc., developers of TaxACT® and pioneers of totally free federal tax preparation software, announces the launch of its online store on Amazon.com for the 2007 tax season.

With the number of tax preparation software options available, consumers can become overwhelmed ...</description>
		<link>http://www.tax-deductions.info/taxact-offers-free-tax-software-on-amazoncom/</link>
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	<item>
		<title>Like Paying Taxes?  Don&#8217;t Read This&#8230;</title>
		<description>
Canada, like the US, has two tax systems - one for employees, and another one – for business owners. This is not what the CRA will tell you but the fact remains - employees are very limited in what they can write-off while businesses are entitled to a wide variety ...</description>
		<link>http://www.tax-deductions.info/like-paying-taxes-dont-read-this/</link>
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		<title>Most Overlooked Tax Deductions</title>
		<description>Tax season is here. It's time to dig out all your receipts, paperwork, documentation and cuddle up with your calculator.

It can be a real pain to figure out what you should, could, or can't deduct. But, finding all your deductions can really add up to a big refund.

Experts have said ...</description>
		<link>http://www.tax-deductions.info/most-overlooked-tax-deductions/</link>
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	<item>
		<title>5 Small Business Tax Deductions You Don&#8217;t Want to Miss</title>
		<description>The tax formula is fairly straightforward: your small business must pay taxes on what's left of your revenues after you have deducted all your expenses. With that said, it would seem to make sense to claim the maximum allowable number and amount of deductions in order to reduce your tax ...</description>
		<link>http://www.tax-deductions.info/5-small-business-tax-deductions-you-dont-want-to-miss/</link>
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