It’s my annual Taxes from A to Z series! This time, it’s Tax Cuts and Jobs Act (TCJA) style. If you’re wondering whether you can
Read MoreTag: schedule-A
Ask The Taxgirl: Bundling Charitable Donations
Taxpayer asks: Dear Taxgirl: So I was trying to figure out how screwed we (my wife and I ) are because of the new 2018
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How To Make Your Charitable Gift Tax-Deductible
A tax deduction for charitable giving isn’t guaranteed just because you’re feeling generous. As with everything in tax law, it’s important to follow the rules,
Read MoreA Quick Comparison Of Tax Reform Changes
Tax reform means some pretty significant changes for taxpayers in 2018. Want to know what’s new? Here’s what you need to know – with charts!
Read MoreCongress Could Make Gym Memberships Tax-Deductible
Headed to the gym this summer? You may soon be able to claim a tax benefit for the trip. The House Ways and Means Committee has advanced a bill which would grant taxpayers a break on gym memberships and fitness classes.
Read MoreWhat Your Itemized Deductions Will Look Like After Tax Reform
With all of the focus on new tax rates after Congress green-lighted tax reform, it’s easy to forget that some of the biggest changes don’t have anything to do with tax rates: They’re about deductions. Here’s how Schedule A will be affected for the 2018 tax year.
Read MoreTop 10 Most Expensive Real Estate Tax Bills Found In Just 2 States
There is some good news to be found in the real estate market these days. While home prices aren’t generally on the rise, neither are
Read MoreHeart Surgery & Hospital Stays: Deducting Medical Expenses On Your Tax Return
I’m in sunny southeastern North Carolina this week but not for the change of weather. My dad had heart surgery on Friday and I flew
Read MoreFiling Your Tax Return In 2015? You Might Want To Leave Those Medical Receipts At Home
Form W-2? Check. Forms 1099-MISC? Check. Forms 1099-B? Check. Form 1098? Check. Receipts to support charitable deductions? Check. Receipts for medical expenses? Er, you might
Read MoreTaxes From A To Z (2013): J Is For Junk Fees
J is for Junk Fees. If you’ve ever bought or sold a home, you’ve probably seen a laundry list of fees on your sale or
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