I have less than a month to file my 2008 income tax return. As such, I was glad to come across a post from a former AfroSpear member entitled, 'Five Items to Keep in Mind When Filing 2008 Taxes'. The tax law changes you may want to note before filing your 2008 federal tax return include:
- Expiring Tax Breaks Renewed
- Standard Deduction Increased for Most Taxpayers
- Contribution Limits Rise for IRAs and Other Retirement Plans
- Standard Mileage Rates Adjusted for 2008
- Kiddie Tax Revised
Have you filed your return yet? Or do you wait until the last minute as well?