Wednesday, December 17, 2008

YEAR-END TAX TIPS

Here are some year-end tax tips from the IRS. Check out the IRS summary at FS-2008-26.

If you are making year-end contributions to charity, keep in mind several important tax law provisions that have taken effect in recent years. Another good summary is in the IRS release
IR-2008-138. Remember that Dec. 31 is the last day for most of these actions to occur.

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