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Tax Planning

Taxes are a necessary part of life but they don't have to be a burden. This page will provide tips and information to help you reduce the amount of taxes you pay and optimize the deductions and credits available to you.
IRA Tips for Tax Time
2007 may be gone, but it isn’t too late to make 2007 IRA contributions. Unlike most tax tips that require action to be taken before December 31st, IRAs have an added benefit of being able to make prior year contributions up until April 15th.
Make the Most of Your Income Tax Refund
While it can feel like you’re receiving a windfall, remember that this is just excess money that you paid the government. This doesn’t mean you can’t have a little fun, but this money can also provide a great boost to your other financial goals.
Now’s the Time to Review Your W-4 Tax Exemptions
Regularly reviewing your W-4 exemptions can help ensure you withhold enough for taxes without withholding too much.
Avoid Tax Refund Anticipation Loans
Resist the urge to get your hands on your refund right away. Instant tax refunds are costly.
Where Do Your Social Security Taxes Go
If you work, you are probably aware of the Social Security taxes that come out of your paycheck. Since a relatively large portion of your income goes toward this tax, it is important to understand where it actually goes.
Where's My Refund?
Have you filed your tax return and are now awaiting a refund? The IRS makes it easy to check on the status.
What If You Can't Pay the Taxes You Owe?
The realization that you can’t afford to pay your taxes can make you feel uneasy, but don’t worry, there are some actions you can take to remedy the situation.
U.S. Tax Planning
About.com's dedicated tax planning resource.
The Internal Revenue Service
A resource for tax forms, publications, and news regarding U.S. taxes.

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