VERY Simple Tax Tips for 2013
In the midst of tax season, here are just a few very simple pointers for filing your 2013 returns: 1. Be honest. Taxes are signed and filed under penalties of perjury. 2. Make sure your preparer is qualified and a good fit for you. 3. Most of the numbers cannot be changed at this point, but you may still be able to contribute to an IRA for an additional deduction (subject to income limitations). 4. For businesses, keep track of actual vehicle expenses versus standard mileage. You can allocate business v. personal on a vehicle that is used for both. 5. If you have a business, make sure you only deduct expenses that are related to that business. ...