It's Deductible


Another free online software that I am trying out this year is It's Deductible this is an online service from Intuit (the makers of Quicken and Turbo Tax).

It's Deductible allows for you to track and value your charitable contributions over the year, and then at the end of the year when tax time comes around you can print off a list of your charitable contributions for use with your itemized deductions; and if you are a Turbo Tax users, you can automatically import your charitable contributions into Turbo Tax.

I think that this is a valuable service on the and the price is right (free), I am a fairly charitable person, but one of the problems that always arises when donating items to charity is deciding on the items fair market value, It's Deductible takes the headache out of trying to figure out how much everything is work, and the headache of trying to track your donations on a piece of paper or spreadsheet (though you probably should still keep your donation receipts).

Check it out if you are a fairly charitable person that hopes to reduce your taxable income through charitable contributions.

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Mint


I've been using Mint.com for about a month now, and I am really liking it.

If you are not familiar with what Mint.com is, it is a free online money management service from Intuit (the people that make Quicken and Turbo Tax). The website allows you to tie in almost any account from any bank or investment firm, and will automatically update the balances of each account, remind you when bills are due, and allow you to track your adherence to your budget.

The only issue that I have came across with Mint.com is that it puts all your financial information out in the cloud in a single repository. This is good from the perspective that it makes it easy for you to manage your money; this is really bad though if you are worried about your financial privacy.

Mint is defiantly worth checking out, but may not be for everyone.

Any information you obtain from this site or made available to you from any site to which you may be directed is not intended to be legal, accounting, tax, investment or other professional advice.

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