The year 2012 may be somewhat tame when compared to other years when there were many changes to tax codes, but this doesn’t mean that there won’t be great deductions for Americans to take advantage of. As with any year, it is important to learn which of these benefits can be used to lower a person’s tax payments as much … more

There is good news and bad news about new 2012 tax deductions that could save you money on the yearly income tax you must pay. The bad news is that there are no new deductions. This means that the same ones you used last year will once again be relevant this year. However, the good news is that there are … more