How to Be Charitable Without Spending a Dollar Out of Pocket

When it comes to charitable donations cash may be king, especially ahead of the fiscal cliff. Yet, there are many ways to be charitable without spending a dollar. Here are some non cash contribution ideas and IRS guidelines.

Read more @ Yahoofinance: First Person: Being Charitable Without Spending a Dollar Out of Pocket

More charitable contribution articles:

My Investment Approach Toward Charitable Giving
First Person: Working for Free Worked for Me
First Person: Charity or Scam?




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Recovering Partial Job Related Moving Expense from IRS

If distance and time criteria is met, IRS can help save up to 35% on moving costs, even if a taxpayer does not itemize his tax return. Read more here.

Goodbye Income Tax Refund Anticipation Loans?

2012 will be the last year that any bank will provide refund anticipation loans (RALs) on behalf of national income tax preparation chains like Jackson Hewitt and Liberty. Despite heightened efforts to stamp RALs out, products such as these might continue to exploit the most vulnerable section of our society.  More HERE...

Assessing My Income Tax Audit Risk

Every year, I wonder if my income tax return will be selected for an audit by the IRS. I investigated what the odds of an IRS audit were. According to the files from the 2010 Data Book (most recent available), the IRS audited about 1.7 million income tax returns, which was only 0.9% of the 187 million filed. It seems filing early versus in April, or refund versus tax owed did not have a bearing on audit risk. Two items clearly increased the risk of audit.

Read more at Yahoo Finance: Assessing My Income Tax Audit Risk

I'm in No Rush to File My Taxes

Every year, some people try to file their income taxes ahead of everyone. They rush to their accountant or tax software as soon as they get their W-2 or 1099. They boast that they will get their tax refund check before any one else. Not me. I am a tortoise when it comes to taxes. Read more here or here...

I Hate Income Tax Refunds!

If I were one of the 109.3 million Americans getting a refund, instead of being happy I would be upset. I hate tax refunds. I would rather owe taxes. Read more here...