deduction

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Latest blogosphere posts tagged “deduction”

 

• Tax Hacks 2012 – Home Office Deductions

  
  Money Talks with Stacy Johnson — Authority: 540
  Many eligible taxpayers avoid this part of taxes because theyve heard its complicated and likely to trigger an audit. But if youre eligible, take it. There are lots of rules, but heres the plain-English translation.
  4 hours ago

• How to Avoid Reinventing the Wheel on Tax Reform, Part 2

  
  Economix — Authority: 710
  Its hard to overhaul the tax code without an outline upfront of what is intended, which can be used to weigh the impacts of proposed changes against one another, an economist writes.
  3 days ago

• IRS Reminds Parents of Ten Tax Benefits

  
  Clarksville, TN Online — Authority: 510
  Washington, D.C. - Your kids can be helpful at tax time. That doesnt mean theyll sort your tax receipts or refill your coffee, but those charming children may help you qualify for some valuable tax benefits.Here are 10 things the IRS wants parents to consider when filing their taxes this year. 10 Tax Benefits ...
  3 days ago

• Tax Deductions: Health Care Expenses

  
  Best Rates In — Authority: 468
  The cost of health care continues to rise, and many find themselves falling behind as a result. You can’t stop health care costs from rising. It doesn’t seem to matter what legislation is enacted, or what steps are taken. However, there are ways to recoup some of your expenses. In some cases, you can deduct your ...
  1 week ago

• Barack Obama’s State of the Union Address – Should Steve Jobs Been a Talking Point?

  
  Geekazine.com Geekazine — Authority: 122
  President Barack Obama - State of the Union Address So I listened to the State of the Union address last night, which was pretty uneventful. There were many themes that were brought to issue. One of them is not losing jobs to overseas workers and not giving tax breaks to those who do. Yet, President Barack Obama ...
  1 week ago

• How to Avoid Reinventing the Wheel on Tax Reform

  
  Economix — Authority: 710
  An overhaul of the tax code might be possible, because both political parties have reasons to support it -- but the debate would be improved if each side understood its own arguments, an economist writes.
  1 week ago

• All REALTORS do not Concur with NAR on the Mortgage Interest Deduction

  
  Flat Fee MLS, For Sale By Owner, Home Buyer Rebates — Authority: 108
  (Vocus/PRWEB) January 31, 2011 The Nationwide Assocation of REALTORS (NAR) is doing work tough to preserve the mortgage loan fascination deduction in 2011 underneath their campaign House Ownership Issues. Ryan Gehris, a REALTOR with HOUSEPAD and beneficiary of this deduction, is calling on NAR to quit lobbying for ...
  2 weeks ago

• Tax Write-Offs that Can Save Your Small Business Money

  
  Quizzle Blog — Authority: 107
  Whether you are self-employed out of your home or have an actual office with a couple of employees, the government considers you a small business, and what this means for you come tax time is (drumroll, please) write-offs.Go ahead and do a little dance of joy, because small business write-offs can save you a ton of ...
  2 weeks ago

• Critical Life Insurance Explained

  
  College Debt Tips and Advice — Authority: 134
  These days, people seem to be living for much longer periods. Even though the survival rates tend to be on the increase in recent years for several health conditions, it is likely that the debilitating sickness and the expenses connected with loss of earnings could result in medical bankruptcy. Despite having ...
  2 weeks ago

• Limited Liability Company Tax Tricks

  
  Piggy Bank Finances — Authority: 145
  Limited liability companies provide small businesses with some great tax planning options. A handful of these tax planning options can even be considered at nearly the very last minute, too. Consider for example, the following last minute gambits: Deduct Unreimbursed Partnership Expenses for Multiple Member LLCs If ...
  2 weeks ago

• New poll: Voters open to changing the mortgage interest deduction

  
  HSH Associates Financial News Blog — Authority: 454
  With the political season heating up, it should come as no surprise that the public is increasingly tying housing matters to the next election. What may come as a surprise is the level of opposition to the mortgage interest deduction and other traditional write-offs. A new poll from the National Association of ...
  2 weeks ago

• RRSP’s – What are they & Are they good or bad? Part 2

  
  The Michael Lepitre Blog — Authority: 95
  There are many other things to consider in deciding whether or not to do an RRSP.   You must understand the basic concept of an RRSP from a tax perspective.   When you contribute to an RRSP you get a tax deduction, then when you pull the RRSP out you are taxed on that as income.   So therefore, you may not ...
  2 weeks ago

• 2012 Tax Breaks Are Coming

  
  Piggy Bank Finances — Authority: 145
  Every year we hear what sounds like good news: the IRS makes an announcement that the standard deduction and personal exemption amounts for the following year have increased due to an inflation adjustment. And this year was no exception, as we recently got word that the 2012 amounts have gone up. Gee, aren’t you ...
  2 weeks ago

• Donating When You Don’t Have the Money

  
  Live Simply, Live Thrifty, Live Savvy -- Life Lived Better — Authority: 109
  No extra money? No problem! I love to help others in any way that I can, particularly non-profit charities. But here’s the problem– a lot of times I just don’t have the extra monetary resources to help, or to help as much as I would like to, or to help all of the charities that I would like to. I always wish ...
  2 weeks ago

• 10 Common Overlooked Tax Deductions

  
  Free From Broke — Authority: 625
  As you start getting your tax information together, don’t forget to look for tax deductions. While it is mostly too late to rack up new   tax deductions , you can go back through your expenses from last year and figure out if you are eligible for another deduction or two.   Every little bit helps when it comes ...
  2 weeks ago

• Pick Your Correct Tax Filing Status To Minimize Taxes

  
  Saving to Invest — Authority: 399
  Selecting your tax filing status is one of the first key steps in filing your federal tax return. Choosing the right status is extremely important because it can affect your filing requirements, standard deduction and eligibility for certain tax credits/deductions. In certain situations picking an incorrect filing ...
  2 weeks ago

• Six Tax Deductions That Are Regularly Overlooked

  
  MT Herald — Authority: 111
  Though we begrudge doing it, we all know that taxes are a necessary evil. But no one likes to pay more taxes than are legally required, so it is worth making sure that you never pay more of your hard earned wages than is absolutely essential. This should be obvious but you would be amazed just how many folks out there ...
  2 weeks ago

• How to Get the Most from Selling a Car with Lots of Miles: Easy Steps to Take

  
  Chillicious.com — Authority: 133
  Why settle for less? When selling your vehicle, you deserve to get as much from it as you possibly can. This step-by-step guide to making the most money from a high mileage used car includes tips from beginning to end of the process. You also will receive tips for donating your car to charity. #1: Time to Do Some ...
  2 weeks ago

• Wall Street Journal: Rick Santorum is a supply-sider for the working man

  
  Wintery Knight — Authority: 552
  Just to refresh everyone, a proponent of supply-side economics is someone who believes that economic growth is driven more by innovation and entrepreneurship, and less by consumer spending and government stimulus spending. Supply-siders are all about creating wealth  - by inventing something valuable that consumers ...
  2 weeks ago

• Mortgage Interest Rates Hit Record Lows

  
  Refinance Home Mortgages — Authority: 107
  With the economy in the doldrums, demand for mortgage loans weak, the home market staggering, banks have reduced mortgage interest rates to record lows. This has had a mild effect on the housing market, preventing home prices from falling further. Read more on Mortgage Interest Rates Hit Record Lows…
  2 weeks ago

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