Saving Money on Taxes
Dreading dealing with Uncle Sam? Make sure you're not being overly generous and letting him run off with more of your money than he should! Below you'll find tips and suggestions to help make sure you're keeping more of your hard earned money!
Make sure that you're keeping as much of your money as your entitled to by not having too much withdrawn each month. Use the IRS calculator to help determin how much should be withheld in order to avoid paying at tax time or getting a huge refund.
Keep all receipts for medical expenses - including paystubs if healthcare premiums are deducted by your employer. True, the medical expenses have to total a percentage of your income, but how will you ever know if you don't keep the receipts to add up?
Donate to charity! If you give away your unused clothes and household items to a non-profit charity, ask for a tax receipt!