Category Archives: Deductions

The Tax Value of Donations

Do you know that many donations that you give to charity are tax deductible? That’s right, you can turn your household goods that you no longer need into a tax benefit. So, as you venture into the depths of the Abyss (also known as the back of your closet), keep track of all the items […]

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For those who have recently graduated from college, saving up enough money to make ends meet can be a difficult challenge. However, there are tax breaks available for those who have earned their degrees which can keep a little extra money in their pockets. Here are four tax breaks and credits that new college graduates […]

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You Can Still Claim Certain Deductions. Filing taxes is a stressful affair, causes anxiety and can be highly confusing. Should you take the standardized tax deduction of $6,200 for singles?  Double that amount for couples. Itemizing your tax deductions may give you a bigger refund. Itemizing deductions will necessitate keeping all your medical, tax, and […]

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