Tax Deductions (2 of 2)
People should understand that they have the option to take a standard deduction or itemize their deductions. Taxpayers can use the method that allows them to [...]
Tax Deductions (1 of 2)
A tax deduction is a reduction in taxable income, for various concepts, especially expenses incurred to produce income. These deductions are often subject to limitations or [...]
4 Tax Tips for Start of 2020
These suggestions are focused on helping you reduce tax burdens, save money, and avoid tax fines. Don't jeopardize your peace of mind, make sure your tax return is prepared [...]
Be Prepared For Income Tax 2020
Important information you should know about tax refunds As the tax filing season approaches, the Internal Revenue Service warns taxpayers not to plan on receiving their refund on a certain [...]
Moving Expenses Deductions
Can you deduct the cost of moving in the tax return? If you move out, you can deduct the cost of the move on your federal tax return [...]
Students Taking a Summer Job
8 things every student and parent should keep in mind when filing income tax returns Many students take a job during the summer after the end of the school [...]
IRS Tips For Taxpayers Who Missed the Tax Filing Deadline
8 Tips for When You Lagged in Your Tax Return If you have missed the deadline to file the tax return, do not be alarmed. Here are some tips [...]