Now that graduation is officially over, it’s time to find a job. It’s easy to forget to nail down the specifics of how your choices might impact your tax bill later, so we’re sharing four tips to keep you on top of your game.
Uncle Sam loves money so much that he’s willing to give you a tax deduction to help you make even more, so he can collect a little extra in taxes. You can use this to your advantage because you can deduct any “ordinary and necessary expenses” related to the pursuit of business, including trips.
California Governor Schwarzenegger signed into law a bill that will provide tax relief for California taxpayers whose mortgage debt on their primary residence was partly or entirely forgiven by lenders in 2009.