Have you tried to find help and information to your tax questions? How about what tax deductions are most overlooked? Or tax-planning or tax terms and tax rules? It is not easy to find reliable tax information, as I have found out, so here is a very helpful site: Kiplinger.com.
Some of the information you will find:
- 2008 Tax Rates
- What’s new for Tax Savings? All IRS changes you need to reduce your 2008 tax bill.
- Find Tax Breaks: 11 Most Overlooked Deductions
- Tax Toolkit for the Self-Employed Read more
With the tax deadline of April 15 right around the corner, Intuit (NASDAQ: INTU), the maker of TurboTax products, again tallied last-minute online tax filings to find out which American cities are the biggest procrastinators when it comes to filing federal income tax returns.
The following list includes the TOP 13 TAX PROCRASTINATING CITIES IN AMERICA determined by the number of tax returns electronically filed online via the TurboTax Online service from April 14-April 17, 2007 (previous year ranking in parenthesis):
- Chicago, Ill. – (#2) – Chicago is the “Second City” no more as it takes the top spot for the first time in the seven years the list has been compiled.
- New York, N.Y. – (#5) – After procrastinating less last year, the hustle and bustle of the Big Apple takes its toll on taxpayers as NYC climbs back up the list to rank at Number 2. The Giants may be number one in pro football, but New York is second on our list of late filers.
- Houston, Texas – (#1) – Houstonians have topped our list more than any other city (three times) but must have tired of being the top procrastinators. Progress is progress and Houstonians drop two spots this year.
- Austin, Texas – (#4) Austin continues to procrastinate as they lock up the fourth spot for the second straight year. One of the fastest growing cities in America, Austin may be too busy to worry about taxes until the deadline forces them to.
- San Francisco, Calif. – (#5) –The City by the Bay held steady in the fifth slot for the second straight year. In a year that saw the home run record fall to Barry Bonds, taxpayers in San Francisco waited until they had a full count to take a swing at doing their taxes. Read more
Taxes – here we go again… Using a tax prep software does help you find every deduction you are entitled to (personally it has been very helpful in saving money for us).
Not able to take deductions because receipts are missing? Take action now for next year’s taxes – set up a file to save your receipts and any notes regarding tax write offs for 2008. Better to save a document and then discard after preparing your taxes than to toss it too early.
While preparing your taxes, are there additional deductions which would be financially wise for you to pursue for this year? Take action now to explore the potential.







