Deductions

Welcome to the 'Deductions' tag page at Technorati. This page features content from the farthest reaches of the Blogosphere that authors have "tagged" with 'Deductions'.

Latest blogosphere posts tagged “Deductions”

• What Counts As a Tax Deduction?

  
  Moolanomy Personal Finance — Authority: 600
  Understanding the many tax deductions can be nothing short of a minefield, and many taxpayers are unaware of the many deductions that can be used to legally reduce your tax bill. This article highlights just a few of the tax deductions that you can claim if your circumstances lend themselves. Standard Deductions A ...
  1 day ago

• We Ignore our Property Tax But Hire Professionals to Handle our Income Tax Every Year

  
  Westchester & Bronx NY investment property real estate blog — Authority: 121
  Like many American’s last month I went and visited my accountant to prepare and file a federal tax return. Many thoughts raced through my mind on how to spend my newly found fortune, new clothes, a well-deserved night out or possibly pay down the credit card. Although all of them sounded appealing, like many of us I ...
  2 days ago

• 2009 End of Year Tax Strategies – Calculate Dollar Amount of Tax Moves

  
  Finance Gourmet — Authority: 99
  Ah, November, when the American mind turns toward Thanksgiving, Christmas shopping, and strategies to avoid paying too much taxes for 2009 . Yes, you should be doing tax planning year round to achieve the maximum savings on taxes, but reality isn’t always so kind. Still, there are some end of year tax moves that ...
  4 days ago

• Can taxpayers deduct mortgage insurance premiums without income limitations?

  
  Ask TaxGuru — Authority: 129
  Generally speaking, if a taxpayer itemizes their deductions on Schedule A, then that taxpayer "may deduct premiums paid for mortgage insurance provided by the Department of Veterans Affairs (VA), the...
  4 days ago

• Bankruptcy and Tax Deductions

  
  taxgirl — Authority: 532
  I get a number of bankruptcy-related questions submitted via ask the taxgirl . That’s why I was intrigued when I was asked to write a piece on Wallet Pop about how Chapter 13 payments affect your taxes. You can check out what I had to say here: Wage earner’s bankruptcy doesn’t kill all tax deductions . If ...
  4 days ago

• Road ending for auto deduction

  
  Don't Mess With Taxes — Authority: 600
  Lost in all the hoopla about the just-extended first-time home buyer tax credit is the fact that the clock is ticking down on another stimulus-created tax break. In addition to tweaking the home buyer credit, the American Recovery and Reinvestment Act included a deduction for state and local sales and excise ...
  6 days ago

• Homebuyer Credit Expanded, NOL Carryback Extended

  
  The Tax Lawyer's Blog — Authority: 521
  Joe Kristan reports that the House has expanded the new homebuyer credit and extended the carryback period for 2008 and 2009 net operating losses (NOLs) to 5 years:H.R. 3548 expands the credit to single taxpayers with AGI up to $125,000 and joint filers with AGIs up to $225,000; it phases out over a $20,000 AGI ...
  1 week ago

• 10% Increase! California State Tax Rate Goes Up and Employers Need to Update Payroll Software

  
  Your Story — Authority: 457
  Effective on Nov 1, 2009, the state income taxes withheld from California workers paychecks is going up by 10%. The new tax tables package is released.
  1 week ago

• Even Billionaires Do Not Always Get What They Want

  
  IRS Tax Problem Solver Blog - IRS Help — Authority: 129
  When billionaires declare their assets for taxation, they also make billion dollar tax deductions. Andrew Beal, the billionaire founder of Beal Bank in Plano, Texas and financier of Donald Trumps Atlantic City casinos made such a deduction based on losses incurred in connection with loans his bank acquired from ...
  1 week ago

• Bah Humbug! State of California to Take Additional 10% Tax Out of Paycheck

  
  Orange Juice — Authority: 573
  California’s State Legislature just ordered coal for our Christmas stockings…Paycheck Income Tax Withholding Increases 10% in November and December, due to Budget Deal last MayBy the Howard Jarvis Taxpayers AssociationSACRAMENTO — Just in time for the holidays, the State of California will once again dip into ...
  1 week ago

• Save That Money! 15 Overlooked Tax Deductions

  
  Business Finance & Economy - business.marc8.com — Authority: 163
  Who knows how many people forgot -- or never knew about -- a deduction that could save them money? Its all too easy to miss a trick and pay too much.
  1 week ago

• Mortgage Refinancing May Restrict Tax Deductions

  
  About.com Home Buying / Selling — Authority: 120
  Homeowners should know that their tax deductions for mortgage refinancing may be somewhat different from the tax deductions that are available after taking out an original purchase money mortgage. The tax deductions may be restricted, especially if a homeowner is tapping equity through mortgage refinancing. ...
  1 week ago

• 2009 Year End Tax Moves

  
  Cash Money Life — Authority: 626
  The calendar just flipped to November, which means the holidays are fast approaching. I don’t know about you, but for me it seems like the year is practically over once Thanksgiving hits. My holiday season will be full with travel and a newborn at home, so I thought now would be a good idea to look at some end of ...
  1 week ago

• 2010 Not Likely to Be All That Different From 2009

  
  taxgirl — Authority: 532
  It looks like 2010 likely won’t be all that different from 2009 – at least when it comes to taxes. Each year, by law, the dollar amounts for certain tax provisions indexed for inflation. But inflation hasn’t budged all that much (that’s good, right?) which means that a lot of nothing is happening. Here’s ...
  2 weeks ago

• Health Insurers Ratcheting Up Rates Ahead of Reform

  
  Real Health Reform — Authority: 117
  It would seem that heath insurers are following the lead of credit card issuers in “adjusting” rates, deductibles and co-pays ahead of anticipated federal health legislation.  Sadly, when Congress did pass credit card reform legislation, they allowed a window before it became law resulting in massive increases in ...
  2 weeks ago

• Irs.gov and You

  
  IRS Tax Problem Solver Blog - IRS Help — Authority: 129
  Whether you are net savvy or not, whether you spend hours surfing the Internet or you only check your email, it will pay if you visit the IRS website. If you do not know the URL, it is www.irs.gov. So whats the big deal about visiting the website? There are a few advantages and certain things you can do there, so ...
  2 weeks ago

• Write It Off: 11 Oddball Tax Deductions

  
  Topblank — Authority: 163
  Write It Off: 11 Oddball Tax Deductions
  2 weeks ago

• More on Misc Deductions

  
  profitable — Authority: 124
  Q.What are some general types of itemized deductions that are subject to the 2%-of-AGI floor? A. Employment expenses (including qualified transportation and education expenses), investment expenses (other than interest), job-seeking expenses, hobby expenses to the extent of hobby income, and expenses for tax ...
  2 weeks ago

• Ask the taxgirl: Donating an Engagement Ring

  
  taxgirl — Authority: 532
  Taxpayer asks: Hi Tax Girl! I got rid of the husband and now I would love to get rid of the engagement ring. I have thought about donating it to a non-profit animal rescue group for them to auction at one of their charity events. What kind of deduction will I be able to claim and is there any kind of red tape I ...
  2 weeks ago

• Ask the taxgirl: Wedding Dress Donations

  
  taxgirl — Authority: 532
  Taxpayer asks: Hi Taxgirl, Like many women this year, I got married and now I would like to donate my dress to charity. What do I need to do for tax purposes? I paid 1000 for it new and only wore it once. It is in good condition. Do I need it appraised? I still have the receipts. If I send it to a charity, ...
  2 weeks ago

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