In case you shift to another location due to your job in the current fiscal year, the Internal Revenue Service (IRS) allows you to claim the tax deductible for moving expenses in the...
Rental income
An owner of a rental property is eligible for tax deduction from the earnings of gross rent provided the owner makes the following expenses in the current fiscal year....
Many taxpayers overpay their taxes every year just because they neglect one of the following money-savers. To remind all those people and update their tax deduction knowledge, we have...
Top 20 things that you can deduct from your taxes
As soon as it is time to file your tax returns, your face changes color and you grumble and mutter to yourself while filling...
Under the IRS rules, a taxpayer is allowed to deduct expenses related to business use of a home, but only if the space is used “exclusively” on a “regular basis”....