Clik here to view.
More Important Deductible Items
There are so many tax deductible items that you never think they will be. It’s always good to know and be reminded of the advantage we can take when it comes to tax. We would love to get the possible...
View ArticleClik here to view.
Deductible Medical Expenses That you Can Claim
We all want to get the maximum tax refund. And one of the ways to get that is off course by claiming some deductions. Even thought some of us health insurance, some medical expenses are very expensive...
View ArticleClik here to view.
Are you Eligible for Earned Income Credit?
One of the tax credits that can help those who have low income and children is the Earned Income Credit. It doesn’t matter how much refund you get or the tax you owe, you will still get a refund if...
View ArticleClik here to view.
Charitible Contribution is Tax Deductible Item
There are lots of expenses that we can deduct in our tax returns. Charitable contributions is one of them. Any sort of donations that we made to charities are tax deductible which reduce our taxable...
View ArticleClik here to view.
Hope Credit or Life Time Learning Credit, Claim Wisely
In my previous post, I suggested all students to file their tax return whether they work or not. They might be entitled for some tax credits and they will now until they file their tax. School is very...
View ArticleClik here to view.
Adopting a Child is Rewarding and Tax Deductible
Adopting children is a beautiful thing. I give respect and credit for whoever is doing that. Helping a kid who needs help with anything, It’s could be very rewarding. You adopt children to help...
View ArticleClik here to view.
Which Taxes You Paid Can You Deduct?
We have paid taxes on almost every thing for the whole year. As other expenses, some of the taxes paid are deductible. Below are some examples: Fees and charges that are expenses of your trade or...
View ArticleClik here to view.
Other Deductible Items you Can Itemize in your Tax Return
Besides the common deductible times such as school fees and medical expenses, there are few items that are also deductibles I believe most people are not aware of those and hopefully this post will...
View ArticleClik here to view.
More deductions itmes that were donated to charitable organizations
I know tax date had already passed, but if you made mistakes or forgot to include some deduction, you have an option to fix it by filing for amended return. We all know that all money or any item...
View ArticleClik here to view.
Base of Property and Capital Gains, Sale of Home
In order to deduct gain or losses from any property for tax purposes, there are few things you need to know. Basis Basis the the amount of your investment in your property for tax purposes.You use the...
View Article
