“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
Business Use of Home
(Home Office Deduction)
Whether you use your home for business full-time or part-time, you may be able to deduct certain expenses, either as a business expense (if you have a business personally) or as an itemized deduction on your Schedule A (when you work for someone else). 919 more words
We’re kicking off a brand new series on the blog that is all about you. Or, more specifically, all about your tax questions. Each month, visit the TurboTax Blog to learn about a different trending question from the… 238 more words
The IRS published Tax Tip 2014-29 with 6 helpful tips for deciding whether to itemize deductions or to rely upon the standard deduction. The IRS stated that a taxpayer should calculate the available deduction using both methods and then choose the deduction method that produces the greater deduction (thus lower amount of tax). 434 more words