Property damage is never a good thing. In some cases, however, you can get some of your money back by taking a tax deduction. A tax deduction for disasters, casualties, and theft can...
Posted by BEST FINANCIAL GROUP LTD on 04/17/2022
Donations to qualified charities are tax-deductible and can reduce your taxable income, which can help you reduce your tax bill. You may need to itemize your tax deductions in detail...
Posted by Pat Raskob on 04/17/2022
Is Volunteer Work Tax Deductible?You volunteered because you care about your community and want to find a meaningful way to help others. But did you know that doing volunteer work...
Posted by Abundant Wealth Planning LLC on 03/31/2022
You may have payable bills (unclaimed checks) that you cannot send to a vendor, overpayments to a customer, unclaimed paychecks from an employee, or other properties that belong to...
Posted by Taxes Made EZ Inc on 03/10/2022
Two things stand out about flexible savings accounts (FSAs). They can help reduce your taxes. They help you pay for medical or dental bills that are not covered by health...
Posted by James Financial Services Inc on 03/10/2022
An unexpected tax bill can ruin anyone's day. To help you avoid this unpleasant surprise, here are some simple steps that many people can take to reduce their taxes. In many cases,...
Posted by Taxes Made EZ Inc on 02/08/2022
The IRS is a name every taxpayer and accountant hears every day. The IRS reviews the taxpayer's account and financial information to ensure the rules are followed. The IRS can...
Posted by KLSM CPA Firm PLLC on 02/08/2022
A business may use the term "per diem" to describe a type of work or a method of budgeting certain business expenses. Employers and employees can find many benefits to using...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/31/2022
Do you think you have made it as a landlord? Wait until you find out what tax cuts you are entitled to. There is certainly a lot of frustration with owning a rental property. However,...
Posted by Rosovich & Associates, Inc. on 01/21/2022
