New Tax Law Cuts Personal Casualty Loss Deduction
February 9, 2018
Tax reform has eliminated a taxpayer’s deduction for personal casualty losses unless the loss occurs in a federally-declared disaster area.
February 9, 2018
Tax reform has eliminated a taxpayer’s deduction for personal casualty losses unless the loss occurs in a federally-declared disaster area.
April 10, 2017
Taxpayers who pay for work-related expenses out of their own pocket may be able to deduct them on their income tax returns.
April 11, 2015
Itemizing deductions on a tax return may help decrease the amount of tax you owe depending upon a taxpayer’s income, age, filing status and more.
March 30, 2015
Taxpayers who are salaried company employees frequently overlook tax deductions for their out-of-pocket work-related expenses.
January 28, 2013
IRA owners age 70½ or older have just a few more days to make tax-free transfers to eligible charities and have them count for tax-year 2012.