Before we discuss tax tips, I want to talk about refunds. Refunds are bad. Trust me on this. Sure, it’s exciting to get a check from the U.S. Treasury but that money was already yours. The Feds are just giving it back. When you get a refund, it means you gave the Federal Government an interest free loan and they are just returning it back to you without interest. Conversely, if you owe money, then the Federal Government gave you a tax-free loan and you are just returning it in April. It’s interesting when you think about it this way.
Here are 30 last-minute tax tips from the Wall Street Journal http://online.wsj.com/article/SB10001424052748703461504576230743028469786.html?mod=WSJ_PersonalFinance_PF4