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PostHeaderIcon Monday Tax Bits – Some Great Tax Advice

Let’s get right to it.  Taxgirl is one of the first places to go.  She’s been penning her “My Best Tax Advice Ever” pieces and she’s up to Part 2.  And in case you missed it, here’s Part 1.

Good news for procrastinators out there.  With it being Emancipation Day, tax returns won’t be due until Tuesday, April 17, 2012.  Throw in the fact that this is also a leap year and it means you have a few extra days to get your tax return done this year.  This is particularly cool for preparers and I know those extra days will come in handy.

In case you missed, I went into some of the changes on the new Form 1040, Schedule E.  If you’re a renter, you won’t want to miss this.

Extenders is the word on the street over at Congress.  With the lame and confusing two month payroll tax extension, Congress has that and a bunch of other things to take a look at preferably sooner rather then later.  Here’s the rundown on what has to be decided.

Finally, if you’re a part time or even professional gambler, here’s a decent column on tax rules for gamblers.