Today it's becoming more common to work from home, and many professionals wonder, "Can I deduct office expenses on my taxes?" But just because you have a home office space doesn't mean you can deduct home office expenses...
To make the most of education tax breaks, you need to see which ones you’re eligible for and then claim the one(s) that will provide the greatest benefit. In most cases you can take only one break per student, and, for some breaks, only one per tax return...
When it comes to deductions for charitable donations, all donations are not created equal. As you file your 2015 return and plan your charitable giving for 2016, it’s important to keep in mind the available deductions...
As we near April, many U.S. taxpayers will ask themselves, “Should I hire a tax preparer?” Using a professional income tax preparation service, like Simplitax, can offer some excellent benefits! 1– Preparers Know the Tax Code 2 – Time to Answer Your Questions 3 – Less Stress at Tax Time...