you actually have to pay into the IRS. Not long after, the disappointment may be replaced by the fear you can not afford to pay your taxes back, especially in a lump sum with your prepared return.
Oh, the age old question: What to do with a year-end bonus? If you get one. And if you do, this year, it will probably be smaller than usual. But still. What to do with it? 
It may benefit you to check your tax situation now before you find out next April that you owe Uncle Sam some more $, or that your expected IRS refund may not be as hefty as you hoped it would be.
We all know about taxes - we have to pay them each year. What is not so commonly known, however, are that various techniques you can use to be able to reduce your taxes and keep them to a minimum. Here are 5 ways to do just that.
Hoping for a big refund in 2008 to make up for the sluggish economy? You'll need to file your 2008 taxes first, and with the tax laws as complex as they are, most of us are hoping to use tax software to compute and file our taxes online. Tax software guides you through the process of filing by asking questions, rather than filling out forms. And, the best software will help you find deductions you might have missed, and can also tell you if you've done anything that might flag you for an audit. In short, it's almost silly these days to file without using software.
Up to 60% of taxable property in the U.S. is assessed at a value that's higher than it should be, according to the National Taxpayer's Union, an advocacy group from Washington, D.C. with a goal to lower taxes. And that means the property is taxed at a higher rate as well
If you are in a position to put aside money for your children's education, one option you should look into is a 529 plan, an investment vehicle with tax advantages that are designed to save for your children's future college needs.
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