I got a glimpse of the 2011 budget proposal on the news last night. It’s big. As in big thick book big. And I will
Read MoreTag: itemized-deductions
Ask The Taxgirl: Where To Report Charitable Contributions
Taxpayer asks: Hello there and thank you for answering my question. I am self-employed and contributed nearly $8,000 in cash/noncash donations this past year (goodwill,
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 MoreSales Tax Versus State Income Tax
Every year about this time, I get a lot of questions about deducting sales tax paid versus state and local income tax paid on your
Read MoreFix The Tax Code Friday: Standard Deductions
So, my father-in-law was saying that he always claimed the standard deduction, despite the fact that he would have saved more money by itemizing, just
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