Tax Deductions

The Latest

  • January 2, 2013

    It is important to take advantage of money-saving opportunities. Money doesn't grow on trees, so you should understand ways in which you can save money - especially during tax season. This Howcast video shows how to save money by taking...

  • January 2, 2013

    There are many factors involved in changing your job, such as adapting to new working conditions, making a new budget, and updating your tax strategy. Whether you are moving...

  • January 1, 2013

    The filing due date for residents of the Bluegrass State income tax returns is April 15, 2013.

    The Kentucky Department of Revenue will automatically grant you a six-month state tax extension if you can't meet the filing deadline and you...

  • December 21, 2012

    Do you find yourself footing the bill for work-related supplies. Well, you should know that you may be able to deduct some of these expenses on your income tax return. TurboTax's Jill Stark offers important information about work-related tax...

  • December 20, 2012

    Life can be difficult for individuals who are disabled. If you are suffering from a disability or you are a senior, you may qualify for the Elderly and Disabled Tax Credit. This tax credit can help you save more money on your tax return. TurboTax...

  • December 7, 2012

    Having a child can be one of the most wonderful experiences of your life. However, the cost of having children can come with a hefty price tag. The cost of raising a child is high, so it is vital to take advantage of tax saving benefits that are...

  • December 6, 2012

    Do you know about the common tax deductions? Well, it's important to know of the many tax deductions that are available to taxpayers. Because taking advantage of tax deductions can reduce taxable income and save taxpayers a good amount of...

  • November 16, 2012

    Do you know anything about tax deductions? Do you take advantage of deductions come tax time? Well, deductions are important because they lower your taxable income and save you money. MoneyTalksNews.com's Stacy Johnson talks about five...

  • November 6, 2012

    Hurry up and wait - that's what some financial advisers are telling their clients as an uncertain tax environment makes it tough to plan charitable giving in 2012.

    Some clients may want to give big now because the charitable gift tax write...