Expenses Deductions Archives - Page 6 of 14 - FREE Yourself from IRS Problems

Shamsey Oloko September 30, 2016 Deductions, Education 529 Plans, Education Tax Credit, Expenses Deductions, Qualified Education Expenses 0

Tax Benefits For Education Part 5

This is the fifth part of our multi-part series of blogs on tax benefits for education. Any present or former student should utilize the knowledge, experience and expertise of the tax professionals at the Thorgood Law Firm to ensure that…

Shamsey Oloko September 2, 2016 Business Tax Credits, Deductions, Expenses Deductions 0

Finally! Congress Enacts Tax Extends Part 3

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…