12 Ways to Cut Your Taxes

Wonderful article on CNN Money today. Titled 12 Ways to Cut Your Taxes, the column jumps into some areas that we really like to hit on here at Mass Tax-ed. For instance:

2. You've Got a Kid in College

Nice discussion on the home credit. Dependents who follow of this blog, take note -- if you can alert your parents and save a couple hundred bucks through the Hope Credit, they might be willing to send a few back to you!

10. You Picked Up a Second Job

How many college students or recent grads do you know who started a second job for the stream of income? This particularly applies to folks working as independent contractors. A few hundred bucks in a credit is available here if you do your work primarily from home.

11. You Moved For Work

More graduates are taking jobs that require them to change locations. If this happens to someone you know, encourage them to take this credit listed in this bullet point on their federal return.

Notice the "AMT Helper" logo in red on certain bullets too -- well done CNN Money!

http://money.cnn.com/galleries/2010/moneymag/1003/gallery.tax_breaks.moneymag/11.html