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8 tax breaks that cost trillions - 1 - - MSN Money
Taxpayers are always on the lookout for tax deductions, tax credits and income exclusions that help trim their Internal Revenue Service bills.

10 tips to avoid an audit- MSN Money
10 tips to avoid an audit. ... I would also add to this article. Justify your deductions referencing IRS Rev. Proc. Get the Section, Paragraph, etc.

Are you in the IRS' cross hairs? - - MSN Money
If your deductions are above average, the IRS is more likely to notice you. ... I'm betting that the probability of an IRS audit will go down this year.

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 ...

Documents you can toss after you file your taxes- MSN Money
That includes credit-card statements, canceled checks or receipts to show deductions, ... Hang on to a few tax-related documents more than three years:

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

Steps you can take now to cut your 2012 tax bill- MSN Money
Not saving regularly "is the number one reason people don't take advantage of their tax deductions," she says. ... you get a tax deduction for it," says McNeill.

9 tax breaks parents shouldn't miss- MSN Money
Child Tax Credit: Once you have a ... about if you volunteer your time as a Girl Scout leader or a PTA member at your child’s school -- and itemize your tax deductions.

6 easy-to-miss tax breaks for the self-employed - - MSN Money
6 easy-to-miss tax breaks for the self-employed - Save receipts and keep good records so you can get all the deductions you're entitled to, for mileage, home office ...

Slacker boyfriend may be tax-deductible- MSN Money
Slacker boyfriend may be tax-deductible. ... So there is a window where high-income taxpayers will be able to take the full exemption deductions for themselves and ...


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