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73Tax Deductible Charitable Donations for 2009, 2010
Charitable donations are a great way to get even more deductions on your tax return this year. Many resale shops are doing a large amount of business due to those savvy shoppers trying to save some money by...
0 comments73Current Allowable Automobile Mileage Tax Deduction 2009, 2010
Another great advantage to itemizing your tax return is the deductions you can receive from claiming your vehicle mileage. There are many reasons that your mileage may be tax deductible. You can choose to...
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72Medicare Copay, Deductibles And Premiums For 2010
Medicare Copay, deductibles and premiums will change in 2010. The Part A inpatient hospital deductible will increase by approximately 4% while the Part B annual deductible will increase by approximately 8%....
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89Don’t Forget These Important Tax Deductions
The deadline for tax time is almost here and that means that a lot of people are scrambling to get their 2007 taxes done. This frantic last-minute activity frequently causes individuals to miss out on some of...
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83Tax write-offs for employees
Many people think that because they are an employee they have nothing to write off come tax time. They know that if they were self employed they would have all sorts of tax write offs, but are not taking...
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85Understanding How Federal Payroll Tax is Calculated On Your Paycheck
Each paycheck you look at see a high amount of taxes being taken out. Here is the scoop on how much Federal Payroll Tax is being taken and where it is going.
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81What is CTC? Difference between CTC & Take Home Salary
The phrase "Cost to Company" or CTC, as it is commonly known, means different figures to different people. For the Company, Cost to company is a term which essentially implies the amount of expenses the...
1 comment792009, 2010 Child Tax Credit Information & Calculator
If you have children who are under 17 as of the end of the tax year, you can get a $1,000 tax credit per child on your tax return. Because this is a credit, not a deduction, you get to take those dollars...
25 comments71Standard Mileage Rate vs Actual Vehicle Expenses 2009, 2010
You may know that because the IRS provides a standard mileage rate for the deduction of vehicle expenses used in your business, you are allowed to choose between this rate and the actual expenses you incur in...
0 comments71How Much are the Federal Income Tax Standard Deductions in 2009, 2010
The standard IRS tax deductions are an option that can eliminate the need for you to itemize your tax return. But, taking the standard deductions when filing your taxes may not always be the best way for you...
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