суббота, 3 марта 2012 г.

It's tax time! Some tips, tools, and advice to get you through this stressful season.(DID YOU KNOW?)

While it's prudent to engage in tax planning throughout the year, here are some tips, tools, and advice to guide you through last-minute filing.

Credits and Exemptions Taxpayers can deduct more for each exemption this year. The amount has increased from $3,200 to $3,300 per exemption. If your adjusted gross income is above a certain level ($150,500 for single fliers and $225,750 for married persons filing jointly), the amount may be lower.

If you purchased an alternative motor vehicle such as a hybrid car last year, you may be eligible for a tax credit. The credit amount depends on the type of car you bought and the date you purchased it, says James Lange, …

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