Posts tagged as:

tax deductions

Who Should Pay Taxes?

14 March 2010

On Friday, I posted that the Tax Foundation reported that, in 2008, nearly one in three taxpayers paid no taxes or received every dollar back which was withheld. It’s the highest percentage of nonpayers ever. Think about that for a second. It’s pretty scary.
For 2008, those numbers mean that there were about 51.6 million filers [...]

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Looking for a Year End Donation?

30 December 2009

Psst… Looking for a year end donation?
As you may know, I am running the Komen Race for the Cure in 2010 in honor of my grandmother – you can read about our mutual love of coffee here.
Our team is Team Joye. You can support us in a few ways:
One, you can [...]

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Can Williams get a tax break for her tirade?

2 December 2009

Can Williams get a tax break for her tirade?
Following on the heels of my Belichik post last year… can Serena Williams properly deduct her record fine for bad behavior?

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Bankruptcy and Tax Deductions

9 November 2009

I get a number of bankruptcy-related questions submitted via ask the taxgirl. That’s why I was intrigued when I was asked to write a piece on Wallet Pop about how Chapter 13 payments affect your taxes. You can check out what I had to say here: Wage earner’s bankruptcy doesn’t kill all [...]

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Sunday Mail Bag

11 October 2009

It’s a chilly Sunday morning here in Philadelphia. I thought a bit of housekeeping might be in order, so I’m opening up the ol’ taxgirl (e)mailbag. I have a bunch of non-technical tax questions which were submitted as “ask the taxgirl” questions but I thought it made more sense to answer them in [...]

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“American Terrorist” McVeigh Attorney Loses Tax Deduction

31 March 2009

I know what you’re thinking – McVeigh was executed, right? What’s this about a tax deduction?
You’re right. Timothy McVeigh was a US Army vet who was eventually found guilty of bombing the Alfred P. Murrah Building in Oklahoma City on the second anniversary of the Waco Siege, April 19, 1995. He was [...]

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Ask the taxgirl: Home Repair Expenses

11 February 2009

Taxpayer asks:
Taxgirl, where do you deduct expenses for fixing your home? My neighbor said that I can take off the cost of fixing my roof on my taxes but I don’t know where to put it.
Taxgirl says:
Hmm. I’m not sure that you should be getting your tax advice from your neighbor.
Generally, repairs to [...]

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Fix the Tax Code Friday: Should Age Matter?

7 November 2008

It’s Fix the Tax Code Friday!
On many of the taxgirl.com threads about the possibility of a second economic stimulus package, there have been discussions about age – and whether a second package should benefit the young or old more. The undercurrent of age has also rippled through online discussions about child care credits, retirement [...]

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Ask the taxgirl: Timing of Medical Expenses

2 November 2008

Taxpayer asks:
Taxgirl,
I have been in dispute with my former employer DuPont who provides my retirement medical benefits. As DuPont is self-insured, they use AETNA to administer their retirees’ medical plan. For many that is an Indemnity plan. After many appeals and denial of payment, I am in the process of paying a substantial bill to [...]

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Ask the taxgirl: Freelance Deductions

3 September 2008

Taxpayer asks:
Hey taxgirl, if I’m a freelancer, buy a desk/chair and try to deduct it is that like begging for an audit? Advice on what to deduct/not?
Taxgirl says:
First of all, I’m psyched! This was my first taxgirl question via twitter! How exciting!
And now for the answer! The short answer is yes, deduct [...]

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