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Entertainment Expenses that are Tax Deductible

The IRS allows you to include certain business entertainment expenses on your tax returns each year. Expenses are treated differently depending on the type of entertainment. There are also firm guidelines you must follow for the expense to be allowable. The expense has ...

Wisconsin Addition to Income - Amounts Not Deductible for Wisconsin

activity loss on your federal return for losses incurred when you were a resident of another state. The passive activity losses were not allocable to Wisconsin. The passive activity losses are not deductible for Wisconsin and must be included...

The following summarizes the optional standard mileage rates for employees, self-employed individuals, or other taxpayers to use in computing the deductible costs of operating an automobile for business, charitable, medical, or moving...

for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs. Taxpayers always have the option of calculating the actual costs...

summer advanced camp – is taxable. 8. Transitioning Back to Civilian Life You may be able to deduct some costs you incur while looking for a new job. Expenses may include travel, resume preparation fees, and outplacement agency fees. Moving...

Beneficios Especiales para la Fuerza Armada

moving costs if you had to move due to a permanent change of station. Deduction for Uniform s - You can deduct the costs and upkeep of certain uniforms that regulations prohibit you from wearing while off duty. You must reduce your...

to costs that become part of the total capitalized cost of the property and not currently deductible, however, these costs can be deducted at the time of sale, or earlier using depreciation if they relate to rental property. Deductible...

¿Qué gastos puedo deducir como "gastos de mudanza"?

household from your former home to your new home. For purposes of moving expenses, the term “personal effects” includes, but is not limited to, movable personal property that the taxpayer owns and frequently uses. You can deduct any costs...

Ejemplos de otros gastos deducibles

Examples of other Deductible Expenses: Archer MSA deduction (see Form 8853 ). Jury duty pay is you gave the pay to your employer because your employer paid your salary while you served on the jury. Deductible expenses related to income...

¿Quién puede deducir gastos de mudanza?

If you moved due to a change in your job or business because you started a new job, you may be able to deduct your moving expenses. To qualify for the moving expense deduction, you must satisfy two tests. Under the first test...