The IRS is serious about the rules which prohibit non-profit organizations, including churches, from supporting candidates or political parties. Just a few week after the
Read MoreMonth: February 2008
Medical & Dental Expenses From A-Z
You know that you can deduct the cost of visits to the doctor and dentist, right? And that you can deduct the cost of parking
Read MoreMedical & Dental Expenses From A-Z
You know that you can deduct the cost of visits to the doctor and dentist, right? And that you can deduct the cost of parking
Read More9 Child-Related Tax Breaks That You May Be Overlooking
In recent weeks, I’ve received a flurry of emails from parents asking about whether band uniforms, soccer cleats and other expenses related to children are
Read MoreHouse Votes To Repeal Big Oil Tax Cuts
The House of Representatives has voted to repeal $18 billion of tax breaks for oil and gas producers, as expected. The bill passed by a
Read MoreAsk The Taxgirl: Cell Phone Deductions
Taxpayer asks: I own a single-family home as rental property out of state that is characterized as investment property on my property insurance and as
Read MoreLiechtenstein Inquiry Grows
The crackdown on tax evaders who depend on Liechtenstein in order to shield income has escalated. Nine countries from the Organization for Economic and Co-operation
Read MoreBush To Veto Tax Cut Repeal For Big Oil
On Wednesday, Congress will consider rolling back nearly $18 billion in tax breaks for large oil companies pushed through in 2005. The White House has
Read MoreAsk The Taxgirl: Taxable Income & Rebates
Taxpayer asks: Since whoever has earning in excess of $87K of AGI for singles ($174K married), they don’t qualify for rebate check. Here is the
Read MoreAsk The Taxgirl: Amended Returns & Rebate Checks
Taxpayer asks: A taxpayer with 9 children didn’t list them all on the ’07 return because they were not all required to obtain the maximum
Read More