Business Expenses Archives - Page 9 of 18 - FREE Yourself from IRS Problems

Shamsey Oloko September 1, 2016 Business Expenses, Charitable Contributions, Deductions, Investment-Related Deductions, Qualified Education Expenses 0

Finally! Congress Enacts Tax Extends Part 2

The Consolidated Appropriations Act of 2016, enacted Dec. 18, 2015, extends a long list of expired tax provisions into the future. Unlike past extension legislation, Congress extended many provisions permanently. In more traditional fashion, some of the others were extended…

Shamsey Oloko August 22, 2016 Business Expenses, Deductions, Expenses Deductions, Income, Investment-Related Deductions, IRA, Medical Expenses, Roth IRA, Roth Thrift Savings Plan 0

Top Tax Deductions for Seniors and Retirees

Here are some of the most important tax deductions for seniors and retirees. Higher standard deduction. Any taxpayer that is 65 and older by December 31 of the tax year is entitled to a higher standard deduction. Taxpayers may take…

Shamsey Oloko August 19, 2016 Business Expenses, Deductions, Expenses Deductions, Home Office, Qualified Expenses 0

The Most Overlooked Tax Deductions, Part 7

Many taxpayers overlook the long list of deductions that they may take when completing and filing their tax returns. The IRS has estimated that millions of taxpayers overpay their taxes each year mainly because they fail to avail themselves of…