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Some Late Tax Tips

Tom Herman has some last minute pointers ahead of Tuesday’s deadline: Consider filing electronically. You’ll probably get a refund more quickly than filing the old-fashioned paper way. Through March 30, nearly 57 million returns were e-filed, up 6% from a year earlier. Don’t overlook a new, one-time phone-tax refund. That may sound obvious, but millions of taxpayers [...]

Source: http://blogs.wsj.com/tax
 

Some tax deductions are aimed at individuals; many are directed to businesses. The complicated maze of tax deductions that Congress has instituted over the past 70 years has contributed to the view that the tax code in the United States needs to be completely redone in a simpler fashion.