Charitable contributions made to qualified organizations may help lower your tax bill. The IRS has put together the following eight tips to help ensure your contributions pay off on your tax return. If your goal is a legitimate tax deduction,…
Personal Taxes
Ten Tax Benefits for Parents
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Did you know that your children may help you qualify for some tax benefits? Here are 10 tax benefits the IRS wants parents to consider when filing their tax returns this year. 1. Dependents In most cases, a child…
Personal Taxes
Employee Business Expenses
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If you itemize deductions and are an employee, you may be able to deduct certain work-related expenses. The IRS has put together the following facts to help you determine which expenses may be deducted as an employee business expense. Expenses…