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Remember that? you didn't have enough money to put 20% down? you can deduct that, too. if you took out the loan after 2007. >> we're going to get to red flags to this segment. red flags for those people looking to investigate you. home office. why would that be a red flag? >> this is just one of those arenas where people do it wrong and they take more than they should. so the irs is all over this. the rules are different this year. so make sure you do it the right way. if you make a noncash charitable contribution. this is what happens. people give the old family car to the red cross in their ...

And all i can remember is that awful day waiting at the sandy hook volunteer firehouse for the boy who would never come home. >> if you would have met with the families, the strongest people i ever met with they never asked for any body to take their guns away. they never asked for repeal to the 2nd amendment. yes, i came to do something. >> in addition to the background check deal, the senate is expected to defeat a proposed ban on assault weapons and high capacity ammo clips this week. it is deadline day for filing tax returns. in most cases you will need them postmarked or electronically ...

Deductions in proportion to their income. i like how the head of newport beach chamber of commerce said it. it's just a matter of them, meaning the irs, going to where they think the money's at. the people who own construction companies are most likely to be audited because that's an historically attacked business so a lot of that is tough to verify. only 1% of tax returns are audited every year. when it comes to individual taxpayers. if you've got foreign assets, a home office and taking some weird deductions or if you're rich, you can count on being audited. >> weird deductions. the giraffe....

Individual tax returns have been filed so fashion, but that leaves an estimated 51 million procrastinators. we have help for your last minute tax freak out. 45%? >> a lot of people. >> what should those folks be doing >> be very realistic to do it on time. all you got is today and monday. that's it. if you can't then make sure you file the extension. that's a pretty easy form, 4868. here's the thing. you can file an extension for six months so on october 15th when it's due but you can't file an extension to pay. if you owe taxes you got to pay within 90% range of what you owe by april 15th. >>...

Kentucky this is from facebook. when you are paying monthly installments from taxes owed in 2011. can you still make out a deal for payments in 2012. >> nothing will say you have to pay off a previous installment while working off another year. the one restriction would be if your fax liability is 50,000 dollars or above. a little more cumbersome. should be fine. go to irs.gov and get the application agreement on there. bob from ohio, i just can't find the time. there are only two things in life that are certain. death and taxes. if you can't possibly do that you have to file a form 4868 you h...