Articles - Page 25

10 Common Itemized Tax Deductions

Come tax season, your ultimate goal when it comes to filing your return is to maximize your tax savings. There are several ways to this both throughout the year with investment options...

Charitable deductions and what you can claim

Do you happen to be the charitable type? Depending on which organization(s) you chose to donate your time, money, or goods to, you may be able to deduct those donations on your tax...

Hello everyone! This is Donna from Donna J. Jackson & Associates, PLLC. It seems that topic on everyone’s minds these days: how can I get more tax savings? I think we can all...

What can you deduct on your Federal Tax Return?

The first step when it comes to filing your federal tax return is going to be deciding just how you’re going to file. The first major question you’ll need to ask yourself is “Should...

Deductions to Claim on Your Taxes

During tax season, individual tax payers are often looking for ways to legally reduce their tax burden. Throughout the pages of IRS regulations, there are a myriad of available deductions...

Income Tax Losses

Hello everyone, this is Book 2 Tax here explain how to minimize your income tax losses this year.  Virtually no one wants to be subject to more taxes, but do you understand the...

NORTH CAROLINA INCOME TAXES

North Carolina income  taxes differ slightly from the income taxes of the surrounding states.  For instance, North Carolina used to allow taxpayers to take all the itemized...

Tax Deductions for the State of California

Many of us know that taxes vary from state to state and the deductions for each state vary as well. Not only does the state account for the cost of living, but it also accounts for...

Student Loan Interest (Paid by Parents)

Hey everyone, Joe Gormley, CPA here to answer your tax questions. Do you live near Rutgers? Are you a fan of the Scarlet Knights? Even if you’re a fan of other great colleges, we...