because despite what you might have heard – money matters…

Looking to claim a home office deduction, you need to complete IRS Form 8829, Expenses for Business Use of Your Home. The form and instructions for it can be downloaded from the IRS Web site.  The form requires a business owner to compute the amount of space in a home that’s [...]

People who give to charities providing earthquake relief in Haiti can claim these donations on the tax return they are completing this season, according to the Internal Revenue Service.
Taxpayers who itemize deductions on their 2009 return qualify for this special tax relief provision, enacted January 22, 2010. Only cash contributions made to these charities after [...]

From IRS.gov:

The standard mileage rate for business use of a car, van, pick-up or panel truck is 55 cents for each mile driven. The standard mileage rate for the cost of operating a vehicle for medical reasons or as part of a deductible move is 24 cents per mile. The rate for using a car [...]

From IRS.gov:
Nearly two out of three taxpayers choose to take the standard deduction rather than itemizing deductions such as mortgage interest and charitable contributions. The basic standard deduction is:

$11,400 for married couples filing a joint return and qualifying widows and widowers, a $500 increase compared with 2008
$5,700 for singles and married individuals filing separate returns, [...]