income taxes

Not only is this worst case scenarios highly unlikely, in reality, filing your taxes is easier than you might think. All
It's all fun and games when you are doing what you love while getting paid for it, but that all changes when you have to start keeping track of finances. When I was just starting out and making a part time income, I wasn't too concerned about it, but it has grown to a point where I have to start thinking about tax time.
Voters have the right to know if Donald dodged taxes every year, just like he did in 1978 and 1979, while he routinely used public services like bankruptcy court that other taxpayers faithfully paid for with their IRS payments.
The government spends about $1 on healthcare of every $4 that Americans pay in federal income taxes.
Whatever a couple's reasons for avoiding tax togetherness, the two of them may be in for an unpleasant and expensive surprise when filing time rolls around.
Leona faced the charges alone. An enfeebled Harry was unfit to stand trial. He died in 1997. Unsurprisingly, the media-savvy
His tax guides include "Tax Deductible Travel and Moving Expenses," "Tax Tips for Marriage and Divorce," "Easy Tax Guide
Divorce expenses can soar, especially when spouses start suspecting each other of hiding property. Consider what happens when wives or husbands hire private investigators to track down assets concealed by their future exes.
The key requirement is a letter from the charity acknowledging your volunteer work for expenses of $250 or more. The charity
Cynthia's career-enhancing move notwithstanding, her implant deduction fell flat with bluenose bureaucrats. The IRS contended
What if your employer reimburses you for the loss? No offset of an otherwise nondeductible loss against the reimbursement, because they're separate transactions. The loss stays nondeductible. Nor is it permissible to include the reimbursement as part of the selling price and avail yourself of the exclusion.
Although you can deduct a worthless loan if there's no likelihood of recovery in the future, you can't take a deduction for
The rules for capital gains are tricky. Let's start with the basics.
Did you know that the tax code allows you to claim tax deductions for household damage caused by thefts, vandalism, fires, floods, hurricanes and others kinds of casualties? But the law imposes several restrictions.
Paying the shirt off your back at tax time? Don't count on a deduction for what you wear to work from what you make at work.
And when it comes to your reputation, the line between business and personal is thin indeed. What controls the outcome are the particular circumstances.