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Tax 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...
0 commentsDonating Money to Charity
We live in a privileged world, yet there are millions of people all over the globe who are impoverished, starving and living in terrible conditions. While organizations such as Second Harvest Food Bank and...
11 commentsThe Difference Between a Tax Deduction and a Tax Credit
There are two ways of lowering how much you owe the Federal government when it comes to taxes: the tax deduction and the tax credit. Understanding the difference between the two can be helpful for many people,...
1 commentcan you have a 401k and an ira at the same time
If you have the financial wherewithall to have the option to fund both a 401(k) and an IRA you are taking serious strides in the right direction. The question often arises, though. WIth all the rules...
8 commentsSelling versus Donating Cars
If you have owned a vehicle for quite some time you certainly know how cars depreciate fast. Indeed, just looking at the Blue Book may feel like a slap in the face. You car could have been worth thousands...
3 commentsHow Much Money Do You Have to Make to File Taxes?
How much money do you have to make to file taxes?... What is the minimum income to file taxes?... These sort of questions have been asked over & over again on forums and message boards all across the web. ...
38 commentsHow to Get a Tax Deduction for a Car Donation: Donate That Old Junk Auto and Save
If you're donating a used car, whether it's a junker or a luxury vehicle, you could get a tax deduction. Learn how to write off a vehicle you donate to charity.
2009, 2010 Federal IRS Car & Vehicle Mileage Deduction for Taxes
We are all familiar with the prices at the pump. That is why it is more important than ever to seek every deduction possible when calculating your driving expenses that relate to your work or business. It can...
0 commentsPay slips and Pay stubs
On payday, you typically will get a paystub or payslip from your employer. The paystub or payslip is a document that informs the employee that their paycheck has been deposited into their account via direct...
0 commentsList of Tax Deductions: Self-employment / Business
As a self-employed individual / business owner, you are allowed a laundry list of tax deductions. These are expenses that are necessary and relevant to your business. Every tax season business owners (small...
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