Finally, the third and last installment.
5. For Home Owners -- donations for itemized tax deductions
Although this is not immediate gratification, donations of items or money to a charitable organization with a receipt can mean more money in your pocket and less in Uncle Sam's at tax time.
6. Look at your deductions.
This was a tip from Money magazine but my father was trying to convince me for years. If you are getting a tax refund every year, you are giving a tax free loan to the government. If you go to IRS.gov , there is a withholding calculator you can use by plugging in a few numbers, you can determine how many deductions you should be
listing on your W-4 to get the amount you pay to the government is the exact amount you owe them, or close to it. Thank you, Dad.
7. http://www.missingmoney.com/
This one is kind of fun. It is a site which a number of states are working together to help people find lost funds. This includes escrow accounts, CDs, trust funds,bank accounts. Illinois is supposed to be added to their database soon. For Illinois, the State Treasurer has a search for unclaimed funds. It is a program is called Cash and Dash.
There are other sites but some actually charge a fee to have access to their database.
So, ways to put some extra cash in your pocket. Hopefully, one of more of these ideas will work for you.
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