Even if you are not the owner of a small business, you may be able to take tax deductions on the business use of your home as an employee. The rules are very similar to those for a small business owner.
1. As you complete your tax return, keep in mind the area of your home must be used as a prin... [Read More...]
We know you’re out there. Yes, you, the taxpayer who owes the IRS and still hasn’t filed your tax return or requested an extension. Maybe you’ve put off filing your taxes for so long you’re in a panic and don’t know what to do. However, we’re here to tell you that you can still save money when you e... [Read More...]
In order to get the largest refund you can get, you will need to know what the IRS allows you to deduct on your tax return. When you do your taxes, you should always have your eyes on the prize and think about that tax refund.
In order to deduct your moving expenses and get that much closer to t... [Read More...]
As with most other things having to do with taxes and your tax return, the answer to, “Is my disability pension taxable?” is, “It depends.” Getting your maximum refund will depend on knowing the details of your own particular situation.
You must claim as income on your tax return disability pensi... [Read More...]
Even though Tax Day is over, you may still have some things to do in order to keep things square with the IRS and to stay on top of your income tax refund.
1. Check on your refund. You can check the status of your income tax refund 72 hours after the IRS accepts it. Here is how: (1) Go to TaxSl... [Read More...]