All my Chicago and other Midwestern friends are hunkered down under piles of snow today. It's nice to spend the whole day in bunny slippers, but it's also a chance to get a jump on your taxes!
By now, the tax-software companies have had time to update their programs to reflect the last-minute changes brought about by the 2010 Tax Relief Act.
This means some changes to your return, and luckily Equifax blogger and tax expert Eva Rosenberg has broken down the tons of new information into a handy checklist.
You're entitled to some new deductions this year, which could mean big savings. See the full list of specific things to take advantage of on her blog: http://tax.equifax.com/2011/02/2010-tax-relief-checklist-of-benefits.html. Happy Snow Day!
Ilyce Glink is the author of several books, including 100 Questions Every First-Time Home Buyer Should Ask and Buy, Close, Move In!. She blogs about money and real estate at ThinkGlink.com, The Equifax Personal Finance Blog and CBS Moneywatch She is Chief Content Strategist at RealtyJoin.com, a community for real estate investor