Churches and religious organizations qualify for exemption from federal income tax and are eligible to receive tax deductible contributions – but there are guidelines.
What part of a charitable contribution can you deduct on your taxes?
What medical expenses can you deduct, and when? There’s been a change in tax law.
This tax season holds good news for millions of self-employed people who work from home: Home office deductions, which used to require a litany of calculations and the completion of a 43-line form, have at last been simplified.
Who doesn’t want to save a little (or a lot of) extra money at tax time? Claiming all the deductions for which you are eligible can significantly reduce your tax bill.
If you’re hoping to get a tax deduction on your 2013 income taxes, today is the last day to make that donation.
Experts recommend using some type of guidance to navigate forms and maximize your returns.