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   <title>About.com Tax Planning: U.S.: What's Hot Now</title>
   <link>http://taxes.about.com/</link>
   
   <description>These articles that had the largest increase in popularity over the last week</description>
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   <dc:date>2010-02-09T10:09:01Z</dc:date>

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         <title><![CDATA[H&amp;R Block At Home]]></title>
         <link>http://taxes.about.com/od/taxsoftware/fr/HandRBlockAtHome.htm</link>
         <description><![CDATA[Review of the At Home tax preparation software from H&amp;R Block. At Home offers quick and easy tax preparation, with just a few drawbacks for complex tax issues. For simple tax returns, I rate At Home very highly. At Home was previously branded as TaxCut.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Property Tax Deduction]]></title>
         <link>http://taxes.about.com/od/deductionscredits/qt/propertytax2008.htm</link>
         <description><![CDATA[The Housing Assistance Tax Act allows homeowners to claim an additional standard deduction for property tax if the taxpayer does not itemize. The additional amount is limited to $500 or $1,000 for joint filers.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[At-Risk Rules]]></title>
         <link>http://taxes.about.com/od/taxglossary/g/AtRisk.htm</link>
         <description><![CDATA[Definition of At-Risk Rules: Losses from a business operation are limited to the amount of money you can actually lose in the business.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <title><![CDATA[IRA Deduction]]></title>
         <link>http://taxes.about.com/od/deductionscredits/qt/1040line25.htm</link>
         <description><![CDATA[If you contributed to a traditional IRA for 2004, you can take an above-the-line tax deduction for your contribution. Your deduction reduces your taxable income dollar-for-dollar.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <title><![CDATA[S-Corp Assets]]></title>
         <link>http://taxes.about.com/od/taxplanning/a/scorp_assets_3.htm</link>
         <description><![CDATA[Pay yourself a reasonable salary when you own and operate an S-Corporation. Paying your low wages, or none at all, will trigger an IRS audit.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Peace of Mind?]]></title>
         <link>http://taxes.about.com/od/findataxpreparer/qt/peaceofmind.htm</link>
         <description><![CDATA[Tax preparers should stand behind their work. Ultimately it's your tax return and you alone will have to pay any additional taxes, penalties, and interest if the IRS finds a mistake on your return. Should you buy audit protection or extended guarantees against your preparer's mistakes?]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <title><![CDATA[Other Taxes]]></title>
         <link>http://taxes.about.com/od/preparingyourtaxes/a/1040step8.htm</link>
         <description><![CDATA[Other taxes you may owe include the self-employment tax, additional taxes on unreported tips, additional taxes on the early withdrawal of retirement funds, the advance earned income credit, and household employment taxes. Just like tax credits reward certain activities, additional taxes increase the cost of various activities. The most common additional taxes are for early withdrawal of retirement savings before age 59-1/2 and self-employment taxes for independent contractors and freelancers.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Voluntary Income Tax]]></title>
         <link>http://taxes.about.com/od/taxglossary/g/Voluntary.htm</link>
         <description><![CDATA[Definition of voluntary tax compliance: a system of compliance that relies on individual citizens to report their income freely and voluntarily, calculate their tax liability correctly, and file a tax return on time.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <title><![CDATA[TD F 90-22.1]]></title>
         <link>http://taxes.about.com/od/preparingyourtaxes/a/TDF90221_2.htm</link>
         <description><![CDATA[Every US citizen or resident alien, partnership, corporation, estate, or trust must file TD F 90-22.1 if they have &quot;financial interest in or signature authority, or other authority over any financial accounts, including bank, securities, or other types of financial accounts in a foreign country, if the aggregate value of these financial accounts exceeds $10,000 at any time during the calendar year.&quot;]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Schedule E for S Corp Owners]]></title>
         <link>http://taxes.about.com/od/scorporations/qt/scorp_sch_e.htm</link>
         <description><![CDATA[Shareholders receiving a Schedule K-1 must report the amounts on IRS Form 1040 Schedule E, page 2. Generally speaking, ordinary net business income or loss is reported on Schedule E. Other income items are reported in the appropriate part of the 1040 tax return. ]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Cost Basis Definition]]></title>
         <link>http://taxes.about.com/od/taxglossary/g/Cost_Basis.htm</link>
         <description><![CDATA[Definition of &quot;Cost Basis&quot;: the original price of an asset, such as stocks, bonds, mutual funds, property, or equipment. Cost basis includes the purchase price and any associated purchase costs. ]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[File an Extension Fast]]></title>
         <link>http://taxes.about.com/od/taxsoftware/tp/file_tax_extension_fast.htm</link>
         <description><![CDATA[Need extra time to file your tax return, but don't have a lot of time figuring out what to do? Here's six quick and easy ways you can file an extension in under 5 minutes.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Foreign Tax Credit]]></title>
         <link>http://taxes.about.com/od/taxhelp/a/ForeignTaxCred_2.htm</link>
         <description><![CDATA[Americans working abroad or investing abroad may claim a foreign tax credit on their US federal income tax return. However, some foreign taxes are not eligible for the the foreign tax credit on IRS Tax Form 1116.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[PWC Tax Guide]]></title>
         <link>http://taxes.about.com/od/taxbooks/fr/PriceWaterhouse.htm</link>
         <description><![CDATA[Review of the book &quot;Guide to Tax and Financial Planning&quot; by PriceWaterhouseCoopers. A top-notch guide to tax planning, with sensible ideas for minimizing your federal tax bill including strategies for reducing the alternative minimum tax. Handy checklists and five chapters on year-end strategies makes this a first-rate book for people looking to be more active in planning their taxes.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[TurboTax Review]]></title>
         <link>http://taxes.about.com/od/taxsoftware/fr/turbotax_2.htm</link>
         <description><![CDATA[Review of the TurboTax tax preparation software program. TurboTax is a popular tax program that's fairly easy to use. The 2008 edition of TurboTax includes extra guidance to help people when selling investments, when selling their home, and special situations such as foreclosures and natural disasters.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Depreciation Definition]]></title>
         <link>http://taxes.about.com/od/taxglossary/g/Depreciation.htm</link>
         <description><![CDATA[Definition of &quot;Depreciation&quot;: an income tax deduction that allows a taxpayer to recover the cost of property or assets placed in service.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Foreign Earned Income]]></title>
         <link>http://taxes.about.com/od/taxhelp/a/ForeignIncome_5.htm</link>
         <description><![CDATA[Independent contractors working abroad can claim the foreign earned income exclusion and the foreign housing deduction. This will reduce their US income taxes and self-employment taxes.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Find a Tax Preparer]]></title>
         <link>http://taxes.about.com/od/findataxpreparer/ht/taxpreparer.htm</link>
         <description><![CDATA[Finding a tax preparer to help you prepare your taxes is easy. Focus on your four basic needs for professional help, and use insider tips for getting the most out of your tax preparer.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[1040 Line 16]]></title>
         <link>http://taxes.about.com/od/preparingyourtaxes/qt/1040line16.htm</link>
         <description><![CDATA[How to fill out your Form 1040 line 16, pension and annuity income. Figuring and reporting your non-taxable and taxable pensions.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[1040 Line 21]]></title>
         <link>http://taxes.about.com/od/preparingyourtaxes/qt/1040line21.htm</link>
         <description><![CDATA[How to fill out your Form 1040 line 21, other income. Reporting various income items such as prizes, awards, gambling winnings, jury duty fees, and other income.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Internal Revenue Code Section 199: Domestic Production Activities Deduction]]></title>
         <link>http://taxes.about.com/library/bl_IRC_Section_199.htm</link>
         <description><![CDATA[Text of the tax law concerning the Domestic Production Activities Deduction. Internal Revenue Code section 199.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
         </item>
         
         <item>
         <title><![CDATA[Adjusted Basis]]></title>
         <link>http://taxes.about.com/od/taxglossary/g/Adjusted_Basis.htm</link>
         <description><![CDATA[Definition of &quot;Adjusted Basis&quot;: the net cost of an asset after adjusting for various tax-related items.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Tax Free States]]></title>
         <link>http://taxes.about.com/od/statebystate/qt/taxfreestates.htm</link>
         <description><![CDATA[The states of Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming does not impose an income tax on individuals, while New Hampshire and Tennessee tax only investment income. Find a list of all tax-free states and links to state tax government web sites.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
         </item>
         
         <item>
         <title><![CDATA[Alabama]]></title>
         <link>http://taxes.about.com/od/statebystate/p/Alabama.htm</link>
         <description><![CDATA[Overview of individual income taxes in the state of Alabama. Taxes in Alabama are administered by the Department of Revenue. Alabama's tax rates range from 2 percent to 5 percent. Find links to tax forms, publications, and mailing addresses.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[TaxACT]]></title>
         <link>http://taxes.about.com/od/taxsoftware/fr/taxactdeluxe_2.htm</link>
         <description><![CDATA[TaxACT Standard Edition is a free tax preparation program from 2nd Story. Available as both a Web-based application and as desktop software, TaxACT Standard provides access to all the common tax forms most people will likely need to file a return. The software is compatible with earlier browsers and operating systems. I did find TaxACT to be lacking the sort of hand-holding one might expect for more complex tax situations.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
         </item>
         
         <item>
         <title><![CDATA[Recovery Rebate Credit]]></title>
         <link>http://taxes.about.com/od/2008taxes/qt/Recovery_Rebate.htm</link>
         <description><![CDATA[The recovery rebate credit is a special federal tax credit for 2008 only. The credit is available for individuals who did not apply for the economic stimulate rebate in 2007. The recovery rebate credit is also available for people who's rebate is higher when calculated using their 2008 financial information.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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         <item>
         <title><![CDATA[Sample Mutual Fund Cost Basis Spreadsheet]]></title>
         <link>http://taxes.about.com/bl_mutual_fund_cost_basis_example.htm</link>
         <description><![CDATA[Sample spreadsheet for keeping track of actual cost basis in a mutual fund using the specific identification method of accounting.]]></description>
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         <dc:subject>money</dc:subject>
         <dc:date>2010-02-09T10:09:01Z</dc:date>
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