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11 Most Commonly Missed Tax Deductions

Don't overpay taxes by overlooking tax credits and deductions. See the most common errors taxpayers make on their tax returns so you don't make the[...] read more »
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Own a Business? Don’t Forget these Tax Deductions

As the year draws to a close, it’s time to think about the best ways to reduce your tax liability. If you own a business, you have quite a few option[...] read more »
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Questions About The New Car Sales Tax Deduction Answered

Got questions about the new car sales tax deduction? They're probably answered here. read more »
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Are You Eligible for These 5 Tax Breaks?

While you don’t want to get too carried away with deductions and credits, there are some little-known tax breaks that you might be eligible for. Here[...] read more »
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* Taxes: Standard Deduction vs. Itemized Deductions

One of the decisions you have to make when preparing your tax return is whether to take the standard deduction or to itemize your deductions. When fi[...] read more »
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Disaster? Get a Tax Deduction for Your Losses

From devastating tornadoes, to flooding, to an unexpected earthquake on the East Coast, it’s been a big year for disasters. If you have been affected[...] read more »
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Business Tax Deductions: Deduct Your Travel Expenses

Sometimes, travel is necessary in order to improve your business. The good news is that the IRS allows you to deduct many of the expenses that come w[...] read more »
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7 Common Questions About The 2009 New Car Sales Tax Deduction - Answered!

This article answers 7 common questions about the sales tax deduction on new car sales. Does the deduction make you more likely to buy a new car? read more »
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Blog Conference Expenses Are Tax Deductible. Don’t Forget To Claim Them.

Many people don't realize that attending blog conferences can be tax deductible. Here's how to determine if you can claim the deductions. read more »
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Understanding Taxes — New Credits and Deductions You Can Use Now — For Dummies

Understanding taxes, credits and deductions can be very useful and doesn't have to be hard. Here's a few simple ideas that can keep more bread in [...] read more »
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Don’t Get Too Carried Away with Tax Deductions

Before you deduct, double check to make sure that you are completely eligible for the deduction, and that you have proper documentation to back up yo[...] read more »
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End of the Year Tax Planning: Piling on the Deductions

This is the time of year that I start casting about, looking for ways to pile on the deductions. This doesn’t mean that we mis-represent our income t[...] read more »
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10 Year End Tax Deductions And Credits That You Can Claim In 2009

It’s the last week of the year, and it’s your last chance to take advantage of some last minute tax deductions for 2009. If you’re anything like me, [...] read more »
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Now May Not Be the Time to Increase Your Tax Deductions

For those whose income may put them in range for expiring Bush tax cuts, it might be wise to hold off on taking all those deductions this year. It’s [...] read more »
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Taxes: Is that a Home Business? Or a Hobby?

Even if you see your venture as a business, the IRS may decide it's a hobby. That can be problematic as you try to offset income with business losse[...] read more »
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