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5 Advantages to Doing Your Own Taxes

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4 Year-End Money Tips to Lower Your Tax Bill in 2020

4 Year-End Money Tips to Lower Your Tax Bill in 2020

Many Americans don't think about their tax bills until the new year. But there are things you need to do before Dec. 31 if you want to pay less later.


Author's Note: 5 Advantages to Doing Your Own Taxes

The first time I filed my own taxes I felt simultaneously terrified and liberated ... which was quickly followed by an elated shopping spree with my refund money. Cha-ching!

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Sources

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  • Fidelity. "What is an IRA?" 2014 (Dec. 11, 2014) https://www.fidelity.com/retirement-planning/learn-about-iras/what-is-an-ira
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  • IRS. "More Taxpayers Filing From Home Computers in 2014; Many Taxpayers Eligible to Use Free File." March 13, 2014 (Dec. 10, 2014) http://www.irs.gov/uac/Newsroom/More-Taxpayers-Filing-from-Home-Computers-in-2014--Many-Taxpayers-Eligible-to-Use-Free-File
  • Money Crashers. "The Pros and Cons of Preparing Your Own Taxes." U.S. News & World Report. Feb. 16, 2012 (Dec. 10, 2014) http://money.usnews.com/money/blogs/my-money/2012/02/16/the-pros-and-cons-of-filing-your-own-taxes
  • Religion News Service. "Tale of Jesus' Birth..." L.A. Times. Dec. 24, 1994 (Dec. 10, 2014) http://articles.latimes.com/1994-12-24/local/me-12520_1_social-climate
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