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Posts Tagged ‘tax deductions’

Tax Write-Offs that Can Save Your Small Business Money

January 19, 2012

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.

5 Tax Advantages of Homeownership

July 29, 2011

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.

5 Tax Breaks for Job Seekers

June 9, 2011

Looking for a job can be a draining experience – both emotionally and for your bank account. You have to update and print out copies of your resume. You need business cards. You have to drive to and from interviews, and sometimes even pay for parking. Not to mention, the costs you’ll incur if you decide to take any classes to better your skill set and increase your chances of getting the job you want. Thankfully, the US government knows just how expensive this process can be and offers many tax breaks for people searching for a job in their current field.

Start Planning for a Happier Tax Day in 2012

April 13, 2011

Tax Day is April 18 this year – a date that most Americans look forward to about as much as getting a root canal. For too many Americans, the annual tax filing deadline is a flurry of stress, disorganization and anxiety. But the truth is, while Tax Day is never “the most wonderful time of the year,” it doesn’t have to be worst day of your life, either. Here are some ideas to help make next year’s Tax Day better. You can start today to make for a happier Tax Day in 2012

8 Commonly Overlooked Tax Breaks

March 23, 2011

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.

6 Tax Law Changes that Affect You (and Your Wallet)

March 9, 2011

As almost all of us have discovered at one point or another, the Internal Revenue Service’s tax code is constantly changing. A tax credit that you’ve used for years might be snatched away from you. Or you could suddenly find yourself eligible for a new deduction that was just added to the books. Let’s take a look at some of the ways that the tax rules have evolved this year and how they might affect you.

Top 10 Home Staging Tips for Selling Your Home

October 2, 2008

By: Puja McKernan With a financial crisis hitting our nation, home sellers are facing more and more difficulties every day. Just take a good look at your own community. Chances are, you’ll see more “for sale” homes lining your street than ever before, and a few of them could be bank-owned (which means they’re most [...]