Personal Income Tax Guide
AAA
  1. Personal Income Tax Guide: Introduction
  2. Personal Income Tax Guide: Basic Concepts
  3. Personal Income Tax Guide: Documentation And Records
  4. Personal Income Tax Guide: Moves To Make Before December 31
  5. Personal Income Tax Guide: Moves To Make Before April 15
  6. Personal Income Tax Guide: 6 Overlooked Deductions And Credits
  7. Personal Income Tax Guide: Common Filing Mistakes
  8. Personal Income Tax Guide: Avoiding Nasty Surprises
  9. Personal Income Tax Guide: Conclusion
Personal Income Tax Guide: Introduction

Personal Income Tax Guide: Introduction

By Ken Clark

For many people, getting ready for tax season is about as much fun as planning a trip to the dentist. Just thinking about getting ready for tax time causes most people to get a pit in their stomach, and their blood pressure boiling. Sadly, just like it's too late to worry about cavities once you're sitting in the dentist's chair, it's too late to try and minimize your tax bite a few days before taxes are due. By being proactive and planning ahead, you can ensure that your annual appointment with the IRS is as painless as possible.

In this tutorial, we'll cover everything you need to know to get ahead of the game, including a look at some of the most misunderstood basic concepts, the most overlooked deductions and some steps you can take today to save yourself some money - even if you weren't the most prepared or diligent person last year.

To read more articles about tax preparation, see Common Tax Questions Answered, How To Owe Nothing On Your Federal Tax Return and Money Saving Year-End Tax Tips.

Personal Income Tax Guide: Basic Concepts

  1. Personal Income Tax Guide: Introduction
  2. Personal Income Tax Guide: Basic Concepts
  3. Personal Income Tax Guide: Documentation And Records
  4. Personal Income Tax Guide: Moves To Make Before December 31
  5. Personal Income Tax Guide: Moves To Make Before April 15
  6. Personal Income Tax Guide: 6 Overlooked Deductions And Credits
  7. Personal Income Tax Guide: Common Filing Mistakes
  8. Personal Income Tax Guide: Avoiding Nasty Surprises
  9. Personal Income Tax Guide: Conclusion
Personal Income Tax Guide: Introduction
RELATED TERMS
  1. Book Value Reduction

    Reducing the value at which an asset is carried on the books ...
  2. Inherent Risk

    The risk posed by an error or omission in a financial statement ...
  3. Deferred Tax Asset

    A deferred tax asset is an asset on a company's balance sheet ...
  4. Expanded Accounting Equation

    The expanded accounting equation is derived from the accounting ...
  5. Earnings Per Share - EPS

    The portion of a company's profit allocated to each outstanding ...
  6. Billing Cycle

    The interval of time during which bills are prepared for goods ...
  1. What are some examples of how cash flows can be manipulated or distorted?

    Read about some of the most common accounting techniques that can be used to manipulate the operating cash flow on a company's ...
  2. What is the difference between cash flow and free cash flow?

    Learn about the main differences between cash flow and free cash flow. In addition to the differences, learn how to calculate ...
  3. How do you calculate retained earnings per share?

    Research the amount of retained earnings per share compared over time to understand whether or not a company uses its profits ...
  4. What are some examples of industries that cannot claim cost of goods sold (COGS)?

    Discover which types of businesses are not allowed to list cost of goods sold on their income statement or claim their COGS ...
Related Tutorials
  1. Complete Guide To Corporate Finance
    Professionals

    Complete Guide To Corporate Finance

  2. Accounting Basics
    Forex Education

    Accounting Basics

  3. Accounting and Valuing Employee Stock Options
    Bonds & Fixed Income

    Accounting and Valuing Employee Stock Options

  4. Using Accounting Analysis To Measure Earnings Quality
    Markets

    Using Accounting Analysis To Measure Earnings Quality

Trading Center