Tax Tips | Page 5

Follow these suggestions in order to optimize what you claim come tax time.

As we head into the holiday season filled with business events and parties, it's important to keep in mind that the IRS is strict with its tax-write off standards.

Here are three important tips for how entrepreneurs can avoid getting into trouble with the IRS.

Stay calm: It may not be an audit. Get some professional tax advice, gather up your records and respond, says tax expert Barbara Weltman.

Here's a look at your odds of being audited. And how you can tell if you might be next.

Figuring out what you can and can't deduct as a business expense is challenging. These tips help you lower your tax bill without running afoul of the federal tax code.

A new taxation survey finds that the administrative burdens of paying taxes are more significant than the financial burdens. Here are a few tips on how to keep the time devoted to your taxes to a minimum.

Don't feel pressured to file by April 15. If you're scrambling to get your taxes done this weekend, you might be better off filing for an extension. Here's how to do it the right way.

You have one week left to get your taxes done, but that doesn't mean you have to scramble. Here are some simple strategies to make the process go smoothly.

Don't file your taxes just yet. You could save yourself more money by answering these five simple questions.

Follow these simple rules to maximize your money--while staying on the IRS's good side.

With tax deadlines fast approaching, here's an important look forward at the tax implications of Obamacare on your business.

Here are five recommendations for keeping things copacetic this tax season.

The IRS provides a new streamlined option for determining how much you can deduct for your home-office space.

Say goodbye to your box of receipts -- here is a breakdown of which financial documents you really need to hold on to and which ones you can shred.

New IRS-approved web filing options make filing 1099 forms a breeze.

Tips for organizing your financial life from the authors of 'The Money Book for Freelancers, Part-Timers, and the Self-Employed.'

Effective record-keeping is one thing. Holding on to piles of paper is another thing altogether.

Consider these ideas for tax breaks on your 2011 taxes.

Before you file your taxes, watch out for these common red flags that could draw unwanted attention by the IRS.

The tax-filing process for a one-person business can be intimidating the first time around. These tips will alert you to some of the nuances.