Quick Ways to Maximize Your 2011 Tax Return

With only four days left in the year, you may think that there is nothing that you can possibly do short of winning the lottery to put more money in your pocket this year. While this may be true (unless you are expecting a paycheck within the next four days), there are a few quick money – saving moves that you can make now which can bring more money your way soon in the form of a bigger tax return. There is still time to make a tax – deductible charitable donation provided that you charge it to your credit … Continue reading

Adoption Tax Credit

Many people who hear how expensive adoption is do not realize what a dramatic difference the adoption tax credit makes. The tax credit for adoption is $10,000. This is not a deduction where you deduct adoption expenses from your taxable income. This is an actual credit, meaning you pay less money in taxes. For most people, that means you will be getting quite a refund! This one-time tax credit is available to those who adopt internationally as well as those who adopt US infants or US children in foster care, unlike the ongoing monthly subsidies for medical or psychological care … Continue reading