IRS Tax Tips for 2010

The IRS has a huge collection of useful and (well, if you're like me) interesting tax tips about all sorts of tax-related issues.  Here's the link:

IRS Tax Tips for 2010

And a couple of tips of particular interest:

Errors to Avoid at Tax Time (such as missing SSNs, math errors, etc)

Nine Things You Should Know About Penalties (ie. paying late, failure to file, etc)

Standard or Itemized Deductions (really good stuff to know)

Additional Standard Deduction for Real Estate Taxes (until recently, if you took the standard deduction, you couldn't deduct your property taxes.  Now, even if you take the standard deduction, you may get to deduct up to $500 or $1000)

Top Ten Facts About the Child and Dependent Care Credit

Lots of good stuff there and well worth taking some time to poke around.  All of these short articles include links to  more detailed reference material, usually various IRS publications such as these:

 IRS Pub 17 (Your Federal Income Tax) 

 IRS Pub 503 (Child and Dependent Care Expenses)

 IRS Pub 590 (Individual Retirement Arrangements - IRAs)


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