Tags » Itemized Deduction

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


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


No need to itemize to claim these deductions

Are you part of the approximately 68% of taxpayers who IRS statistics say claim the standard deduction instead of itemizing? If so, you can still deduct some expenses on your 2015 federal income tax return. 238 more words

Deciding Whether to Itemize Deductions or Use the Standard Deduction?

Most people claim the standard deduction when they file their federal tax return, but you may be able to lower your tax bill if you itemize. 541 more words


Tax Tips for Your New Baby

“Congratulations! You’ve entered a new and exciting chapter in life: parenthood.

This bundle of joy means diaper changes, late-night feedings, and more love than you ever thought possible. 311 more words

New Fathers

Tax Breaks with the Season of Giving

Tis the Season of Giving! Kiplinger gives great advice on getting tax deductions with your charitable giving this Holiday season. Read the entire article via… 65 more words