With the end of the year coming it is good to get all your financial information in order. I have a few tips that may save you a bit on your 2009 taxes.
1. Maximize your charitable deductions. Give to Goodwill, you would be surprised how much a bag of old clothes is really worth.
2. Donate to your favorite charity. Most people give a little to this and that, but do not really remember. Most times, all this is tax deductible, so write down what you donate, or better yet, keep a receipt.
I will be posting more information in the coming months to help people prepare for the upcoming tax season.
