If you make a contribution to a qualified
charity for Haiti earthquake relief before March 1st, you can deduct the contribution on your 2009 Schedule A rather
than waiting until 2010. See: http://www.irs.gov/newsroom/article/0,,id=218679,00.html.
Own
a home but don't itemize? You can still deduct up to $500 of your real estate taxes in addition to your standard deduction.
Check box 40b on your Form 1040 and attach Schedule L. You can access the Schedule L at: http://www.irs.gov/pub/irs-pdf/f1040sl.pdf.
The new
standard mileage rate for business miles driven in 2010 is 50 cents per mile (down from 55 cents per mile in 2009).
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in the subject line to Diane@dianeobrienkelly.com.
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