Nobody wants to think about taxes in the middle of summer but it is a good time to put taxes on the radar screen.
So what can you deduct if you are self-employed? A lot!
Most of us keep too much of the paper that comes into our homes.
Most audits are simple paper audits where they send you a letter asking for supporting documentation.
College is very expensive, but Congress and the IRS have given us ways to offset education costs.
A study by the government found that big bucks are lost annually by taxpayers who don’t take the time to itemize.
I don’t know what Congress is planning to do regarding tax changes. What I do know is that every year around the third week of December Congress decides to change the tax code.
Mitt Romney pays a SHOCKINGLY low percentage of his income on taxes. For a man of his means seeking public office it is a SHAMEFUL number. But Romney is a man without shame.
Your school loan payments won’t start until 6 months after graduation and you will be eligible for a deduction on the interest you pay.
Normally if you purchase capital equipment for your business you don’t get to expense the total cost of the equipment the year you buy it.