<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Thoughts from a Texan &#187; tips</title>
	<atom:link href="http://thoughtsfromatexan.com/tag/tips/feed/" rel="self" type="application/rss+xml" />
	<link>http://thoughtsfromatexan.com</link>
	<description></description>
	<lastBuildDate>Fri, 16 Mar 2012 18:49:00 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.9.1</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Tax Tips from Tex</title>
		<link>http://thoughtsfromatexan.com/blog/tax-tips-from-tex/</link>
		<comments>http://thoughtsfromatexan.com/blog/tax-tips-from-tex/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 15:52:00 +0000</pubDate>
		<dc:creator>Tex</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Politics & Society]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[taxes]]></category>
		<category><![CDATA[tex]]></category>
		<category><![CDATA[tips]]></category>

		<guid isPermaLink="false">http://thoughtsfromatexan.com/?p=458</guid>
		<description><![CDATA[
Here are four quick tips to keep in mind as you&#8217;re working away on taxes:

Most people get audited because their deductions exceed the average of those in the same income and zip code bracket. So, if you&#8217;re making like $40,000 a year and give $8,000 in charitable giving, you definitely want to attach that substantiation.
First-time [...]]]></description>
			<content:encoded><![CDATA[<p><img src='http://thoughtsfromatexan.com/wp-content/plugins/simple-post-thumbnails/timthumb.php?src=/wp-content/thumbnails/458.jpg&amp;w=225&amp;h=150&amp;zc=1&amp;ft=jpg' alt='post thumbnail' /></p>
<p>Here are four quick tips to keep in mind as you&#8217;re working away on taxes:</p>
<ol>
<li>Most people get audited because their deductions exceed the average of those in the same income and zip code bracket. So, if you&#8217;re making like $40,000 a year and give $8,000 in charitable giving, you definitely want to attach that substantiation.</li>
<li>First-time home-buyers are entitled to a tax credit of 10% up to $8,000 on the cost of a new house. And guess what&#8230;? You can still claim this credit if you&#8217;ve owned a house for investment purposes or vacation ecstasies.</li>
<li>As long as you&#8217;re earning money, YOU can claim the working-pay credit that comes to $400 ($800 on a joint return). Simply file schedule M to do so. Congress ordered the IRS to reduce the withholding tables in the expectation that many people will be claiming this credit. So claim it!</li>
<li>You are able to add the standard deduction of sales tax on purchasing a new car to that of any real estate tax you paid as well &#8211; up to $500 ($1000 on a joint return).</li>
</ol>
<p>Good luck y&#8217;all! Remember, the<a href="http://www.youtube.com/watch?v=oj-EAMgZWtE" target="_blank"> taxman never stops</a>!</p>
]]></content:encoded>
			<wfw:commentRss>http://thoughtsfromatexan.com/blog/tax-tips-from-tex/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

