10 Expired Tax Provisions That Might Affect You In 2014

Will tax extenders finally be addressed in 2014? About 55 provisions were not renewed after they expired in 2013. With Congress back in session, the IRS gearing up for tax season and tax professionals unsure of how to advise taxpayers, the clock is ticking.

Back To School: Deducting Tutors & Special Education

It’s Back To School Week on the blog! All week long, I’ll be answering your questions about school and tax – complete with fun giveaways. Next up: paying for tutors can be expensive. Can you deduct any of those expenses?

Back To School: Donating Backpacks, Clothes & School Supplies

It’s Back To School Week on the blog! All week long, I’ll be answering your questions about school and tax – complete with fun giveaways. Next up: tips on claiming charitable deductions for donating school supplies, backpacks and more.

Why Santa Won’t Owe Any Income Taxes This Year

It’s Christmas Eve and, at my house, we’re busy preparing for guests. Mostly, we’re waiting on the cousins but my kids are also waiting for a certain man with a white beard – no, not my husband – it’s Santa! We’re tracking Santa’s progress via NORAD (North American Aerospace Defense Command, a United States and Canada bi-national organization charged with the missions of aerospace warning, aerospace control, and maritime warning for North America) (and on twitter @NoradSanta). As of this morning, Santa was last spotted in Davao City, Philippines, and was headed for Taipei, Taiwan. As a result, we’ve had …

Throwing A Holiday Party That Even Uncle Sam Will Love

Dear corporate types, I do love the B52s but under no circumstances should “Rock Lobster” be played – and danced to – at a company party. That was my tweet on yesterday. I happened to be working at a venue not far from such a party. It was a mishmash of mostly middle-aged corporate types reliving their best dance moves from the 1980s, some with a bit more success than others. It was one of many company holiday parties I’ve seen in the city this year. It seems that holiday parties are making a comeback after a few years of …

Paying For Getting Better: What’s Deductible?

I’m back in North Carolina for the second time in two weeks, this time with Nurse Kate (my daughter) in tow. My mom had heart valve replacement surgery last week and it wasn’t without her complications: her lung collapsed the day after the surgery and the resulting 24 hours was quite stressful. Mom is back at home now. She has a health care aide that checks in on her (thanks to Medicare) but otherwise requires a lot of home care. She needs someone to help her navigate around the house, cook her meals and sort out her meds. It’s a …

Eleven Tax-Favorable Valentine’s Day Gifts

Love is much nicer to be in than an automobile accident, a tight girdle, a higher tax bracket or a holding pattern over [entity display=”Philadelphia” type=”place” active=”true” key=”pa/philadelphia”]Philadelphia[/entity]. – Judith Viorst, children’s author and believe it or not, tax activist I love Valentine’s Day. I’m a sucker for flowers and candy and goofy cards – anything for an excuse to be sweet and mushy (yes, tax geeks have feelings, too.) And I realize that not everyone is as crazy about it as me – and that you might be stuck for a last minute Valentine’s Day gift. So, I’m here …