|
Tax tips, help, advice, and information on commonly overlooked credits and deductions. |
|
|
|
01 April 2011 |
Work From Home? Consider the Home Office Deduction
Whether you are self-employed or an employee, if you use a portion of your home for business, you may be able to take a home office deduction. Here are six things to know about the Home Office deduction
|
|
Read more
|
Six facts about the expanded adoption credit |
|
|
|
10 March 2011 |
|
You may be able to take a tax credit of up to $13,170 for qualified expenses paid to adopt an eligible child.
|
|
Read more
|
Qualified Charitable Distributions for 2010 and 2011 |
|
|
|
20 January 2011 |
Qualified Charitable Distributions for 2010 and 2011
The qualified charitable distribution provisions were renewed for 2010 and 2011, allowing individuals age 70½ or over to exclude from gross income up to $100,000 that is paid directly from their individual retirement accounts (excluding SEP or SIMPLE IRAs) to a qualified charity.
|
|
Read more
|
|
|
|
30 December 2010 |
|
On December 17, 2010, The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 was signed into law by President Obama. The personal income tax provisions in this law provide for an extension of the Bush-era tax cuts which were scheduled to expire at the end of 2010. The 2010 Tax Relief Act temporarily extends most of the tax cuts for 2011 and 2012 only.
|
|
Read more
|
|
|
|
20 September 2010 |
You may be eligible for a tax credit.
If you already adopted a child or have simply started the adoption process, you may be able to claim a credit on your 2010 tax return.
|
|
Read more
|
|
|
|
20 August 2010 |
Another reason to save for retirement
If you make contributions to a traditional or Roth IRA, elective deferrals to a 401(k), 403(b), governmental 457, SEP, or SIMPLE plan, voluntary employee contributions to a federal Thrift Savings Plan, or contributions to a 501(c)(18)(D) plan, you may qualify for a Credit for Qualified Retirement Savings Contributions (saver’s credit).
|
|
Read more
|
|
|
|
|
|
Page 1 of 3 |
