Tuesday, August 25, 2009

Summer tax tips from the IRS

by Jess, from the GovGab blog:

Summer tax tips from the IRS: "

TaxesIf you're anything like me you probably think about taxes once a year, when it comes time to file in the spring.

But this summer the IRS is trying to get us to think about taxes a little more often. In fact, a few times each week they are sharing all kinds of tax tips, like seven tax tips for gambling wins and losses and the five tax scams to avoid this summer.

If you and your sweetheart tied the knot recently, you might want to check out the tips for the newly married. You'll learn where to file name changes so everything matches up when you sit down to do your taxes.

Another cool topic they address is income taxes for students with summer jobs. Did you know that the extra cash you earn mowing your neighbors' lawns is considered taxable income or that there are special tax rules for people who deliver newspapers? There are a few more great tips for students with summer jobs that are worth checking out.

Since no one wants to spend the time reading the entire tax code, these tips are a quick and easy way to brush up on things you may need to know when you're filing your taxes.

Feel free to share in the comments an interesting tip you learned.

"

No comments:

Post a Comment