Tax Day Is Looming

Tax day is just over a month away.  That’s right, April 17th will be here before your know it.  Here’s a roundup of our best tax tips for single chicks: TIPS FOR PROPETY OWNERS:  Remember if you’re a property owner, you can receive a 30% tax credit for the cost of certain energy efficient property that was placed in service in 2010. Example of such property include high-efficiency heat pumps, air conditioners, and water heaters.  READ MORE

THE NEW 1040:  In 2010, the IRS introduced a new 1040. READ MORE

DONATE FOR GOOD AND A TAX REFUND:  Clean out your closets and not only do you make room for either post holiday sales or clothing gifts, but you can also get a tax-break from donating your unwanted things. Not to mention helping get gently used clothing or sports equipment to people who really need it.  READ MORE

FIRST TIME HOME BUYER?:  Thanks to the American Recovery and Reinvestment Tax Act of 2009, passed on February 17, first-time home buyers get an enticing incentive for a “main home” purchase; a first-time homebuyer credit of up to $8,000.  READ MORE

Happy filing!

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