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5 Perfectly Acceptable Ways to Deduct Fall Flavors from Your Taxes In January

What seems like a small $4.65 expense once a week can quickly add up to $18.60 by the end of the month! Lucky for individuals who incorporate fall flavors into their business or their charitable deeds, they can experience fall and deduct the expenses from their taxes when they file this upcoming winter. The Daily Deduction takes a look at specific situations where fall flavors are a bonus for your bottom line.

Posted To: The Daily Deduction
By: Lauryn on 11/3/2014 02:19:39 PM

Depending on Your Employer, You May Still Have Time To Spend Your FSA Money from Last Year

Back in 2005, the Treasury Department changed the rules to allow employers to give workers until March 15 to spend their FSA money from the previous year. The idea was to avoid problems with workers not being able to get medical appointments in December, immediately before the old deadline. While employers aren’t required to extend the cutoff date for FSA expenses, many have. If you work for an employer that has an extended cutoff date for using your FSA, it’s important to know what expenses qualify for it. Read more from eSmart Tax.

Posted To: The Daily Deduction
By: Lauryn on 2/5/2014 03:52:02 PM

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