Tax Day 2012 is just around the corner – Tuesday, April 17, 2012 is the deadline for filing tax returns….
Tag: tax breaks
Whether you are self-employed out of your home or have an actual office with a couple of employees, the government considers you a small business, and what this means for you come tax time is (drumroll, please) write-offs.
Go ahead and do a little dance of joy, because small business write-offs can save you a ton of cash at tax time if you know what to look for. Here are a few possible things you might be able to write off, depending on the type of business that you run.
People talk a lot about the pride of homeownership. While there is an emotional side to owning a home, there are also some financial benefits. Specifically, there are several tax advantages that homeowners can enjoy that renters cannot. Learn at least five tax benefits that you may be able to take advantage of as a homeowner.
How many times have you finished your taxes and sent them off, only to hear later about a deduction that would’ve been perfect for you? Well, if you’re anything like me, that scenario has played out in your life more than once. Given the fact that it takes the Internal Revenue Service over 70,000 pages to explain the 2010 tax code, it’s understandable how you could miss a deduction or two along the line. Let’s highlight a few of the most commonly overlooked tax breaks.
We’ve assembled some tips to help you get the most tax perks from homeownership, and keep as much money as the law allows! Get your homeowner tax tips from Quizzle and Quicken Loans.
Remember School House Rock? How a bill becomes a law? In 5th grade, I played “Bill” in a 1-act play…