On this article One main advantage of actual property investing issues the varied tax deductions out there. Whereas householders’ insurance coverage premiums to your residence usual… Read More

Image: Moneybestpal.comAdjusted Gross Income is one of the key ideas in tax law (AGI). After deducting certain adjustments, AGI is the amount of income that is liable to federal income tax.Y… Read More

Introduction to Claiming Home Repairs on Taxes You may have heard that home repairs can be claimed on your taxes, but you may not know the exact steps involved in taking advantage of this be… Read More

Policyholder Meaning A policyholder is an individual or organization that holds an insurance policy and aims to obtain financial protection against the risks that may occur in the future… Read More

Here’s what is going on with Credit Suisse Credit Suisse. Below I will summarize what has happened and what I think the implications are.1/ Credit Suisse options price an explosive… Read More

A brief review of the rules for deducting casualty losses.   You may be able to deduct a loss from a casualty or theft on Schedule A.   A casualty is damage, destruction or loss of… Read More

Daycare Providers Income and Expenses Employer Identification Number (EIN)… Read More

Starting a business is a big feat for many entrepreneurs, but keeping the ball rolling is a much bigger challenge. Besides other pain points, the ongoing and one-off expenses are a big downs… Read More

Tax time brings with it forosophobia (fear of taxes), deductions, and getting it wrong. Something unfortunate, for all of us, is the task of finding out if car insurance is tax-deductib… Read More

If you suffer damage to your home or personal property, you may be able to deduct casualty losses on your federal income tax return. A casualty is a sudden, unexpected or unusual event, such… Read More

  By Rosalyn Binday  Did you have a loss last year due to weather, theft or an accident? Are you planning to deduct that loss when you file your Federal Income Tax return? Well, it… Read More

Advertiser Disclosure: Our content is reader-supported, which means if you click on some of our links in this post that we may earn a commission. In the past, the difference between itemizi… Read More

In many cases, no. A wide range of employee work-related expenses are no longer deductible starting in the 2018 tax year. In fact, many tax filers may not itemize deductions at all since the… Read More

Since our childhood we have been taught that the objective of financial management is to create value for the shareholders.  The definition of this value is different for different peo… Read More