The Daily Deduction Page 14

10 Tax Breaks for the Rich – MarketWatch   High-income folks are painfully aware that many valuable tax breaks are phased-out (reduced or eliminated) as income climbs up the ladder. Biz Brain: Deducti…

Well, here it is the middle of March and you haven’t done your taxes yet, right?  And, you’re a small business owner, too, right?  Well, where do we start? Start By Calculating Your Income I could go …

Imagine: it’s the morning of April 15th in America.  You’re just getting up to grab your first cup of coffee for the day.  While you are stumbling through your place to get to the kitchen, you step ou…

Some returns get rejected for minor errors that can be fixed. Save yourself some time and watch for these errors before you submit your return for the first time: Your Self-Select PIN/AGI does not ma…

President Obama and Galifianakis “Between Two Ferns” Bit Drives 40% More Traffic to Healthcare.gov – Mashable President Obama’s appearance on comedian Zach Galifianakis’s Between Two Ferns web series …

According to the IRS, there has been an increase in tax scams involving pervasive telephone calls. These scam artists pretend to be from the IRS or other official organizations and may contact consume…

Just a reminder: Depending on your Health Care FSA Plan, all receipts for services rendered in 2013 are due by midnight tomorrow.  Some plans even allow you to use money from last year’s plan for medi…

Tax preparer shopping can be a lot like a blind date: You might not know anything about your preparer, but you’re willing to share some intimate information.  How can you possibly know if you and your…

Depending on your tax situation, there are several ways that you can sign your federal income tax return. Method   Description   Best to use if:   Self-Select PIN The PIN is any five numbers (exc…