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6 audit red flags - - MSN Money
Be prepared to substantiate your deductions. ... An audit is merely a process in which the IRS asks you to substantiate the numbers on your tax return.

From AGI to EITC: Tax terms you need to know- MSN Money
If you're filling out your own tax return, here are some terms you need to know to get the deductions to which you're entitled and cut your tax bill.

MSN Money- MSN Money
Did you miss these 10 credits and deductions? Every dollar of deductions and credits you uncover can mean money in your pocket.

6 steps to prep for your tax return- MSN Money
... you'll need a 1099-MISC if you made $600 ... as well as deductions such as mortgage interest ... are deductible. Donations can be in the form of cash ...

Deduction limits hit more taxpayers than new rates - - MSN ...
Deduction limits hit more taxpayers than new rates - Make less than $400,000? New limits on deductions could raise taxes for anyone making more than $250,000, twice ...

Money-saving tax shelters still exist - - MSN Money
Cattle feeding and breeding shelters also offer tax savings by accelerating the deductions and the potential exchange of ordinary deductions for capital gains.

Deducting medical bills to get harder in 2013 - - MSN Money
Deducting medical bills to get harder in 2013 - The threshold for deducting medical expenses from your taxes is rising to 10% of income. Should you accelerate some ...

Year-end gifts to charity pay off at tax time- MSN Money
Now that you know the IRS rules on tax deductions for donations, all you have to do is decide which charities get your year-end contributions. More from

5 groups that don't pay taxes - MSN Money
... and the impoverished who receive less money than the exemption and deduction threshold are not required to pay taxes on the ... Taxpayers with Many Deductions.

Tax break for energy-saving improvements is back- MSN Money
Some alternative-energy improvements qualify for larger tax credits. ... The most-overlooked tax deductions. QUIZ: Is it deductible? 12 IRS audit red flags.


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