If you plan to take advantage of some of the tax provisions for which the curtain goes down at midnight on December 31, here are a few of the expiring tax provisions, and some ideas about what you should do now.
There are many wonderful reasons for buying gifts for your colleagues and business associates. There’s also one more incentive to make those gift purchases. All or part of the cost of your business gifts can actually become tax deductions. Here are the rules.
Are you looking for a summer job? If so, some of your expenses might be tax deductible, providing you a way to save money come tax time. Our tips are framed as searching for a “summer job” but they apply to any job search in any season.
The release of the iPhone 5 swept the nation, and tech consumers had yet another reason to drool. But at what cost? It’s expensive to stay ahead of the electronics race. The running joke about the iPhone (and just about...
It’s spring and that means it’s a great time to clean out the basement, attic, closets, and garage and save some money on your 2013 tax return at the same time. There are many charitable organizations that you can donate items to help those in need and take a deduction on your tax return if you itemize. If you did spring cleaning in 2012 you can also take advantage of this tax benefit and save on your 2012 taxes. Let’s look at the types of items you might like to donate.
What amount of your medical expenses are tax deductible? Do you have to show proof of the expenses that you’re claiming as deductions? Whose medical bills are able to be deducted? These are some very common questions about medical expenses, so let’s just dive right in.
One of several tax breaks extended by Congress last minute Fiscal Cliff activity on New Year’s Day is the Educator Expense Deduction. While most education tax breaks benefit those who pay to learn, the Educator Expense Deduction is for those who teach.
To help you through Valentine’s Day without breaking the bank, here are five tips to make your Valentine’s Day special without the price tag– now that’s a real gift! 1. Make a Gift-giving Budget and Stick to it. As a...
Because service members and their families make great sacrifices to serve their country, Uncle Sam rewards them with some tax benefits to reduce their financial burden. But those tax breaks don’t do much good if they aren’t taken. Here are 6 of some of the commonly missed tax benefits: