Taxes From A To Z (2014): L Is For Lost Property
Taxes from A to Z: L is for Lost Property.
-
-
Deduct This: History Of The Casualty, Disaster & Theft Deduction
As I sat on my parents’ deck last week, I could see huge plumes of smoke in the distance. The fire in Pender County, NC, where my parents live had reached nearly 30,000 acres (or about 47 square miles) by the time we were headed home. A lack of rain kept fires burning there for…
-
Ask The taxgirl: Alarm Systems
Taxpayer asks: After a string of robberies in my neighborhood, I decided to install an alarm system. I paid a flat fee for installation plus I pay an amount each month. Is any of this deductible on my taxes? Taxgirl says: If the property that you alarmed was your home, the answer is no. There…