Contributions

Tax Deductions

Tax Deductions Without Itemizing

Most taxpayers think they have to itemize their deductions to claim them on their tax return. However, that is not entirely true. There are certain tax deductions that can be claimed while still using the standard … Read More

overlooked tax deductions

Obscure and Overlooked Tax Deductions, Credits, and Benefits

As tax time approaches, here are some tax issues that taxpayers frequently overlook, ranging from obscure deductions to overlooked tax credits and benefits. Of course, not everything can be included since the tax law has grown … Read More

Alimony Tax Issues

What alimony tax issues apply when paying or receiving alimony? After all, divorce can be difficult enough. Add to it that divorced individuals may have to pay or receive alimony just complicates issue. If this is your situation, here are some tips for how to correctly treat the payments on your tax return.

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