deduction
Feeling charitable? Now’s the time to give In an economic downturn, charitable donations typically decline. So, if you’re in a position to donate, charitable organizations need your help now more…
Read MoreThe heightened fundraising needs many nonprofits are feeling right now make it important that potential donors understand the tax benefits they stand to reap. Here are some of the advantages…
Read MoreAre your employees struggling to pay everyday items due to COVID-19? There is a way you can help them by providing tax-free payments for assistance and still take a deduction…
Read MoreIf you’re age 65 and older, and you have basic Medicare insurance, you may need to pay additional Medicare premiums to get the level of coverage you want. The premiums…
Read MoreThe coronavirus (COVID-19) pandemic has affected many Americans’ finances. Here are some answers to questions you may have right now. My employer closed the office and I’m working from home.…
Read MoreIf you own a home, the interest you pay on your home mortgage may provide a tax break. However, many people believe that any interest paid on their home mortgage…
Read MoreIf you’re self-employed and work out of an office in your home, you may be entitled to home office deductions. However, you must satisfy strict rules. If you qualify, you…
Read MoreMany taxpayers make charitable gifts — because they’re generous and they want to save money on their federal tax bills. But with the tax law changes that went into effect…
Read MoreAs teachers head back for a new school year, they often pay for various expenses for which they don’t receive reimbursement. Fortunately, they may be able to deduct them on…
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