Tax Preparation Tool Box

Having all your receipts and records in place is a good start on preparation, but its not enough.  Our Tax Preparation Tool Box links below will help you get a better picture of the "real numbers".   

    

Valuation Tables - Determine what would be a reasonable value of that donation. US State Department of Revenue and State Tax Forms - Links to all 50 US State official websites. Tax Preparation Checklist - Use this checklist as your personal guide to compiling your tax documents.  It may save you time and remind you which tax documents you've accrued throughout the year. 2010 Federal Income Tax Estimator - Use this calculator to help determine your estimated tax liability along with your average and marginal tax rates. A “Qualifying Child” - A “qualifying child” may enable a taxpayer to claim several tax benefits. Prior to 2005, each of these items defined a qualifying child was defined differently for differing purposes. Sales Tax Deduction Option - Taxpayers have an option to claim state and local sales taxes instead of state and local income taxes when they itemize deductions. Free Tax Help Available - The IRS offers free assistance by computer, fax, telephone and in person; get forms, publications and answers to a wide range of tax questions. 2010 Tax Planning Calendar - Don't miss that important deadline or cut-off date.