Mark W has the right idea. The =Today() function accepts no arguments in Excel (you can't put anything in the parenthesis), but it will give today's date. Excel can then subtract another date from it to arrive at the difference. This is because dates are stored in excel as numbers, with January 1, 1900 being 1; January 2, 1900 being 2; and so on. Because excel stores these numbers internally, it does not matter which date format your cells are in; they can be in different date formats if you desire.
Donna,
You can also "age" your items (I assume that's why you're finding the difference between dates) with this formula:
=IF((TODAY())-K2<31,"0-30",IF((TODAY())-K2<61,"31-60",IF((TODAY())-K2<91,"61-90",IF((TODAY())-K2<121,"91-120","121+"))))
(this uses K2 as the date you're subtracting from). This will create an aging category (0-30, 31-60, 61-90, 91-120, and 121+) for each line item in your list.
-Caleb