Twitter Tax Tips #7
For 2008 tax year, those who itemize can deduct state and local general sales taxes OR state and local income taxes. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
Similar Posts
Obama Rejects Pipeline Tied To Payroll Tax Cut Deal
It is, in fact, true that the Republicans are moving ahead with plans to tack on the Keystone XL pipeline as part of a package to extend the payroll tax cuts for next year. It is equally true that President Obama is not happy about this turn of events and has threatened to block any…
- Individual | Pop culture | Prosecutions, felonies and misdemeanors | Taxes of the rich and (in)famous
Six Degrees of Kevin Bacon: IRS Snoop Gets Probation
Gosh, it’s not even six degrees… 1, Kevin Bacon was one of a number of celebrities that John Snyder snooped on while working for the IRS. 2, John Snyder made taxgirl.com headlines. 3, You read Taxgirl.com. Wow, you’re that close to Kevin Bacon – who is not only funny, quirky and hot but also sings…
Ask The Taxgirl: Spousal Maintenance
Taxpayer asks: Can you tell me is alimony and maintenance the same thing and do I have to claim this money on both my federal tax and NYS tax? Taxgirl says: If it’s court-ordered spousal maintenance, then yes, that’s likely alimony and you have to report that as income on your federal taxes. For more…
Ask The Taxgirl: Child Care & Stay At Home Moms
Taxpayer asks: I’m a stay at home mom (not employed) and my son attends preschool part-time a few days a week. My husband and I file jointly and we live in Arizona (don’t know if that matters). Can we deduct the tuition we pay to the preschool?Thanks so much! Taxgirl says: You’re going to hate…
Silence & Respect
The weather is beautiful today in Philadelphia. The skies are blue and the sun is shining brightly. It looks like any other September day. Only it is not. It is September 11. Lots will be said about that date today. Politicians will make speeches. Anchors on the nightly news will analyze what happened on that…
Understanding Your Forms: 1098-E, Student Loan Interest Statement
Here’s what you should know about the form 1098-E, Student Loan Interest Statement.