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Deductions

(Credit: Thinkstock)

Tax Education Credits and Deductions

College is very expensive, but Congress and the IRS have given us ways to offset education costs.

WBZ NewsRadio 1030–02/14/2013

1040

Should You Itemize This Tax Season?

A study by the government found that big bucks are lost annually by taxpayers who don’t take the time to itemize.

WBZ NewsRadio 1030–02/12/2013

Salvation Army

Do You Need To Increase Your Deductions For 2012?

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.

WBZ NewsRadio 1030–11/30/2012

Mitt and Ann Romney (Photo by Joe Raedle/Getty Images)

Opinion: Mitt Romney’s 13% Tax Admission Is Not Enough

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.

08/17/2012

Bunker Hill Community College in Charlestown.

Mid-Year Tax Planning For College Grads

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.

WBZ NewsRadio 1030–07/24/2012

(credit: Yoshikazu Tsuno/AFP/Getty Images)

Small Business Week: Section 179 Deductions

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.

WBZ NewsRadio 1030–05/23/2012

office, working from home, telecommuting

Small Business Week: Deductions

So what can you deduct if you are self-employed? A lot!

WBZ NewsRadio 1030–05/22/2012

(Photo by Chip Somodevilla/Getty Images)

T’is The Season: Use Retirement Planning To Lower Taxable Income

Paying taxes is a privilege; I know you don’t think so but it’s the price we pay for living in this country.

WBZ NewsRadio 1030–02/23/2012

Trinity College, Hartford, Connecticut

Tax Season: Education Credits And Deductions

College is very expensive. Congress and the IRS have given us ways to offset education costs.

WBZ NewsRadio 1030–02/16/2012

Teacher, Students

Tax Season: More Deductions And Credits

WBZ’s Dee Lee tells you what you can and can’t deduct on your income taxes.

WBZ NewsRadio 1030–02/15/2012

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