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.
Many clients ask me what they can deduct, so I am providing the following lists of
... Prior year's state and local income tax you paid during the tax year (do not ...
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
Mar 5, 2015 ... Tax Topics - Itemized Deductions. Topic 500 - Itemized Deductions. The following
topics are found in the category of Itemized Deductions.
Jan 7, 2015 ... But for 2014 returns, the state sales tax deduction option is alive and well. ... But
little things add up, too, and you can write off out-of-pocket costs incurred ... For a
full list of deductible expenses, check out IRS Publication 521.
Apr 11, 2011 ... 5 Things You Should Never Share on Facebook · The Next ... Consult this list of
75 possible tax deductions for business owners. It's just a start ...
A tax deduction reduces your taxable income. Here is a Tax Deductions list for
Singles, Employees, Family and Home Owners.
Jan 31, 2014 ... See this list of 14 overlooked tax deductions for ideas on what you may be ... That
would be things like uniforms, specific textbooks, or fees for ...
Nov 15, 2006 ... That said, here's a list of the fifty most easily overlooked deductions in ... are
itemized things, but several aren't, like 1/2 self employment tax, ...
Don't overlook any of these personal tax deductions -- they make itemizing your
deductions well worth it.