Important Tax Deductions
Taxpayers like deductions because they’re a key to lowering taxes. But not all deductions work the same way in the tax calculation. Those you are allowed to claim “above the line” can be especially...
View ArticleImportant Birthdays Related to Your Taxes
From a tax standpoint, some birthdays are more important than others. Here are some notable tax milestones. BIRTH: You generally can start claiming a dependency exemption for your child in the year he...
View ArticleBusiness Deduction Opportunities: Repair Regulations
The IRS allows business owners to deduct the ordinary and necessary expenses of operating a business each year. However, business owners also are required to capitalize the costs associated with...
View Article
More Pages to Explore .....