Tags » Itemized Deduction

What Can I Deduct On My Taxes?

Ah, it’s tax season again! One of my favorite times of the year! Just kidding- I hate tax season. But it definitely helps to know what I’m doing before I file- and I have an accountant. 471 more words

Money

Don't Miss These Commonly Missed Tax Deductions and Credits

No one likes to feel like they’re missing out. Especially when it comes to opportunities to pay fewer taxes. As this year’s tax deadline approaches, let’s take a look at some of the most commonly missed tax deductions. 292 more words

Tax Deductions And Credits

YEAR-END MOVES FOR THOSE WHO BELIEVE PRESIDENT-ELECT TRUMP WILL CUT THEIR TAXES NEXT YEAR

In his first televised interview, President-elect Trump declared that a “major tax bill lowering taxes in this country” would be one of his top three priorities. 1,151 more words

Tax

Real Talk Series: Do My Cancer Treatments Affect My Taxes?

Q: I was diagnosed cancer with this year, and am currently receiving treatments. Will this have any affect on my tax situation?

A: I am sorry to hear about your diagnosis, but hopefully this information will help you. 315 more words

Tax Deductions And Credits

Medical & Dental Expenses

 

For purposes of itemizing your deductions, the Internal Revenue Service (IRS) defines medical expenses as the costs of diagnosis, cure, mitigation, treatment, or prevention of disease, and the costs for treatments affecting any part or function of the body.  187 more words

Taxation

Unreimbursed Employee Business Expenses

Did you purchase goods or services to aid the business that you worked for during the year? If so, did your employer reimburse you for this out-of-pocket expense?  567 more words

Taxation