Thursday, April 30, 2015

FOX BUSINESS: Learn from your tax filing mistakes.

I'm amused by the 'start early' advice: "If you thrive on the adrenaline rush of filing your taxes at 11:59 pm on April 15th, we suggest finding a less risky method of getting your kicks." Since I plan on always owing money, the adrelaline rush of filing at 11:59 pm comes from knowing that I've kept the final payment from that den of thieves until the very last instant.

One thing: the IRS 'credits and deductions' website is always worth a visit. Over the years I've used every one of the "poor man's loopholes" I could legitimately take; this year I'll add the 14 cents/mile in service of charitable organizations deduction, which I haven't had the opportunity to use in years.

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