10 Blogs with Tax Advice for the Average Joe

Do you do your own taxes?  Should you do your own taxes? What are the risks of doing your own taxes?  Questions like these and many more can be answered by checking out some blogs with tax information.  Do you have a ton of money that you are trying to avoid paying taxes on?  No, then you probably don’t need investment advice or details on shelters.  You just want advice on what you can do to save some money on your taxes and not get audited.  Check out these ten blogs with tax advice for the average Joe.

1. Tax Girl:  A great blog where real people submit questions and the blogger answers them.  She tackles many issues, but I found the one about charitable contributions especially interesting.  Definitely worth your time to check it out.
2. Tax Mama:  This blog has a humorous side and that is saying something when you are talking about taxes.  I found this blogger to be amusing and full of information.  Her content consists of interviews with tax experts or money experts, articles about new tax laws, and something funny.  She also has daily audio clips and quips as she puts it.  This is an update blog that you can be certain to find something useful.
3. The Tax Lady: Not a daily blog, but still has tons of information on it.  Articles about deduction losses incurred by natural disasters as well as thefts.  She does post quite a bit though since in 2011 she had 298 posts.  There are stories regarding finances and updates on what the IRS is doing.  The writing is pretty matter of fact and doesn’t include much personality.
4. Uncle Fed’s Tax Board: This board has a LOT of information.  You can find forms and rulings regarding tax issues.  You can find explanations on how to fill out your tax forms and what to do if you get audited.  He even supplies help regarding documentation for your deductions.
5. Tax Debt Help: An extensive source for a lot of tax related questions.  Articles about the new 1099K reporting form.  Information about deadlines and charitable donations.  They help you determine what is and what’s not a charitable donation.  An example of their information: If you are at a silent auction and you bid on a $50 gift certificate and you get it for $30 can you deduct anything?  No, because you got more than what you spent.  What if you paid $75 for that $50 gift card?  Yes, you could deduct $25 because you paid more than what it was worth.

Read More...