Data from recent statistics revealed that about $1.2 trillion was claimed as tax deductions last year. From this, a handful of people went through the standard deduction route. Unfortunately,...
Posted by Thomas G Kinsella, ATP on 06/11/2021
No one loves the idea of giving Uncle Sam the hard-earned money. However, it is horrible to leave a tax deduction that could bring down your tax bill due to ignorance. As a result,...
Posted by Jim McClaflin, EA, NTPI Fellow on 05/30/2021
Filing your taxes via the itemizing route might appear a little daunting, especially if you do not get the details. When it comes to reducing your tax liability, everyone has two options...
Posted by Raven Skylar Tax & Consulting, LLC on 05/07/2021
The current reality is that changing jobs is common. But for the first time, the dreaded job search now has an advantage: deductions! Job search expenses can be deducted as different...
Posted by Daniel P Vigilante CPA and Profit Consultants on 05/07/2021
For people that want to donate money to a political campaign, it is essential to think if one can deduct it from your tax return. The answer is no, as Uncle Sam specifies that...
Posted by Tucker Accounting Services LLC on 05/06/2021
