Zachary Teutsch, director of the AFL-CIO’s Investor Education Project, offers several resources to help you file your taxes for free, maybe get a bigger refund and avoid the pitfalls of refund anticipation loans.
• A few weeks ago, the Internal Revenue Service (IRS) released this year’s list of the 12 most common tax scams to look out for: Dirty Dozen Tax Scams for 2012.
• If you make less than $57,000 after your deductions, you can file for free. Learn more at the IRS’ Free File Program.
• Here are a few good pieces from Consumer Reports: How to Find a Good Tax Preparer, 5 Tips to Follow Before Starting Your Taxes Online, 8 Ways to Make Tax Season More Tolerable and Don't Be Tempted by Tax Refund Anticipation Loans or Checks.
• Get Rich Slowly has a nice piece comparing the costs and savings of filing taxes in a few different ways: Tax Prep Tips: Is Cheaper Always Better? The personal finance site also has an article by a former IRS employee about ways to save on taxes without breaking the law: How to “Cheat” on Your Taxes—Legally.