Can I Deduct That?
Before you start writing off the expenses of last year's family reunion, you'd better check this guide to legitimate deductions and their threshold levels. Find info on home office deductions, charitable contributions, taxes, hobbies and casualty losses. 

Driving Down Your Taxes: The Deductibility of Transportation Expenses
Business owners can save big if they take full advantage of the mileage deduction, and this tips page explains how to keep records, the differences between commuting and business mileage and the choice between actual expenses and the standard deduction. 

Eleven Common Tax Deductions
From American Express comes this summary of ways to reduce the tax crunch. Along with the basics -- mortgage interest, home equity loans, IRA and retirement plan contributions -- find info on passive losses and rental property. 

Low Income Housing Tax Credit
Link to an excerpt from the IRS Tax Code that details the provisions of the tax credit program, then dig deeper into the history of the program, its benefits and eligibility requirements. 

Low-Income Housing Tax Credit Program: Questions & Answers
This FAQ explores the tax credit designed to encourage private developers and nonprofit entities to construct or rehabilitate affordable rental units in order to increase availability of decent housing for low-income families. 

Minimizing Your Federal Income Tax
This tax guide begins with the basics -- filing status -- and works its way up through the more arcane provisions of the tax law such as medical expense deductions, the alternative minimum tax and the passive activity rules. 

Tax Credits
Straight from the belly of the beast -- the IRS -- comes this summary of allowable income tax credits: the earned income credit, the child and dependent care credit, the credit for the elderly or disabled and the advance earned income credit. 

Tax Credits and Charitable Donations
Before you go giving away your money to charities hoping to reduce your taxable income, take a look at this detailed exploration of the benefits and pitfalls of taking charitable deductions. 

Tax Tips: Itemized Deductions
If Schedule A is going to be part of your return this year, click over to this explanation of itemized deductions that begins with a basic definition and then moves through the various classes of deductions with examples. 

Welfare-to-Work Tax Credit
Learn all about the tax credit program designed to get long-term welfare recipients off the government dole and into decent jobs. Employers receive significant tax breaks for participating. 

Work Opportunity Tax Credit
Read all about the tax credit program designed to help job seekers most in need of employment gain on-the-job experience and move towards economic self-sufficiency while reducing employer federal tax liability by as much as $2,400 per new hire.