Tax Deductions

10 wacky tax deductions | Video
We all like to get extra money, especially when it comes to our tax returns. Unfortunately, there are many people that don't take advantage of…
Tax deductions for students
Tax deductions lower your taxable income and they are equal to the percentage of your marginal tax bracket. For instance, if you are in the…
Tax Credits
What Are Tax Credits & How Do They Lower Your Tax Bill? Tax credits can help reduce your liability dollar-for-dollar. That being said, they generally…
Tax Deductions for Automobiles
Many people look at their car and see something that sucks up a lot of money. While it is true that cars can be expensive,…
Tax deductions for charitable contributions
In general, cash and property donations to qualified charitable organizations are deductible on your individual income tax return. You may also carry forward excess tax…
Tax Deductions For Education
Lower Your Taxable Income With These Deductions Did you know that there are tax deductions for education? In other words, you could save money on…
Tax Deductions for Homeowners
If you own a home there are many income tax deductions that you can take advantage of.There is no denying that you spend a lot…