Many industries require their employees to wear certain work clothes or uniforms. As long as you can’t wear these clothes every day as street wear, and donning the uniforms is mandatory at your place of employment, you’ll likely be able to deduct the cost of these work clothes on your tax return. In order to […]
— Read moreAre you on the hunt? Looking for that perfect new job? While it may not seem too costly to perform a full on job search, little and the expenses can really add up over time. When you combine postage, cost of printing your resume, travel, and work samples you can really have a hefty expense. […]
— Read moreUsing your personal car for business can take a toll on your vehicle. If the situation, you may qualify to deduct any expenses incurred from using your car for work. At tax time, you have the option of two methods to figure out what part of your expense is deductible. You can use either the […]
— Read moreRelocating for a new job position is becoming more common than ever. At tax time, you may be able to deduct any costs you incur from moving, or lease a significant portion of them, from your taxable income. Moving expenses have to be related to a new job in order to qualify for a tax […]
— Read moreIn case you needed another reason to lose weight, you may find a tax deduction this season if you use certain treatment options to lose weight. It’s statistically proven that individuals are five times more likely to lose weight if they have something to gain from it financially. In order to claim a deduction, the […]
— Read moreAre you anticipating your refund? We all like a little cash back in our pockets, as more money leaves than comes in. Waiting for your tax refund can be excruciating when you desperately need the cash. At tax time, put your money back in your pocket quicker using these tips: File As Soon As Possible […]
— Read moreEach tax year, many Americans end up paying more than they have to in taxes just because they don’t claim all the deductions they qualify for. No one wants to pay more than is necessary, so before you file your taxes make sure you have taken all the deductions you can. You may be able […]
— Read moreFiling your taxes requires you to be in a certain mental state that helps you be calm, stress-free and organized. Procrastination can be the biggest detriment to tax preparation. Face it: No one likes paying taxes, but it’s something we all have to do. Might as well get it done and over with. Follow these […]
— Read moreSome people think of tax time as a bonus shopping spree. With all the “tax refund” sales and promotions that retail and media outlets bombard us with, it’s easy to understand why getting money back from a tax refund may seem like free money. However, it’s really not. When you break it down, you’re really […]
— Read morePaying for college is rough, especially if you’ve resorted to student loans to cover the cost of your education. It’s not all bad though, as you can deduct up to $2,500 in student loan interest at tax time. The deduction is phased out once you gross a specific annual income, though it may not matter […]
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