Tags » Tax Tips

Back-to-School Tax Credits

The following is the IRS Summertime Tax Tip 2014-23:

Are you, your spouse or a dependent heading off to college? If so, here’s a quick tip from the IRS: some of the costs you pay for higher education can save you money at tax time. 515 more words

Tax Tips

“Bunch” miscellaneous itemized deductions to reduce your tax bill

Many expenses that may qualify as miscellaneous itemized deductions are deductible for regular tax purposes only to the extent they exceed, in aggregate, 2% of your adjusted gross income (AGI). 158 more words

Tax Tips

Miscellaneous Deductions Can Cut Taxes

The following is the IRS Summertime Tax Tip 2014-19:

You may be able to deduct certain miscellaneous costs you pay during the year. Examples include employee expenses and fees you pay for tax advice. 204 more words

Tax Tips

Four Basic Tax Tips about Hobbies

The following is the IRS Summertime Tax Tip 2014-15:

Millions of people enjoy hobbies that are also a source of income. Some examples include stamp and coin collecting, craft making, and horsemanship. 335 more words

Tax Tips

Job Hunting Expenses

The following is the IRS Summertime Tax Tip 2014-14:

Many people change their job in the summer. If you look for a new job in the same line of work, you may be able to deduct some of your job hunting costs. 382 more words

Tax Tips

IRS Summertime Tax Tip 2014-14

Job Hunting Expenses

Many people change their job in the summer. If you look for a new job in the same line of work, you may be able to deduct some of your job hunting costs. 426 more words

Tax Tips

Vacation Home Rentals

The following is the IRS Summertime Tax Tip 2014-13:

If you rent a home to others, you usually must report the rental income on your tax return. 367 more words

Tax Tips