Tax Deductions and Credits
Tax credits directly cut taxes while deductions and exemptions reduce taxable income. Income adjustments are additional deductions that do not require itemizing.
Deductions. Many clients ask me what they can deduct, so I am providing the
following lists of possible deductions. The lists are only meant to give you ideas, ...
Tax Topics - Itemized Deductions. Topic 500 - Itemized Deductions. The following
topics are found in the category of Itemized Deductions. Each topic is followed ...
The Earned Income Tax Credit and the Child and Dependent Care Credit help ...
You may have taken deductions when you prepared your annual tax return.
Here are some tax deductions that you shouldn't overlook. ... The federal Tax
Court has ruled that it's OK to list the cost of a babysitter as a charitable
Tax credits are similar to tax deductions, but they reduce your tax bill dollar for
dollar. This page lists tax deductions as well as related tax credits.
Use this tax planning and deduction checklist to prepare your efile tax return.
Collect information about your income, expenses, credits, and deductions.
Apr 12, 2011 ... Consult this list of 75 possible tax deductions for business owners. It's just a start
and not every one of these items is always a legitimate ...
Do you want to save the maximum amount on your tax return this year? See this
list of 15 overlooked tax deductions for ideas on what you may be leaving out.
Jan 5, 2017 ... However, there's a long list of tax deductions that can reduce your taxable
income, and you should take every one to which you're entitled ...