Twitter Tax Tips #8
If you moved in 08 due to a change in employment, you may be able to deduct reasonable moving expenses. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.)
If you moved in 08 due to a change in employment, you may be able to deduct reasonable moving expenses. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.)
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.)
Remember to report alimony received as income, alimony paid as a deduction but child support? It’s tax neutral. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.)
Out of work? You can deduct out of pocket expenses (resumes, agency fees, travel, etc.) related to your job hunt. #TwitterTaxTip
Looking for deductions? You can make contributions to your IRA until April 15 ’09 and still deduct for ’08 tax yr. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.)
Keep track of your mileage to/from volunteer activities for qualified charities. If you itemize, it’s deductible. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.)
For fed purposes, filing status is determined as of the last day of the year (Dec 31). Jan 1 – Dec 30 are irrelevant. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.)
Sign your return! Sounds obvious but IRS reports it as a top filing mistake. (For more on twitter tax tips, see my prior explanatory post.)
I’ve been asked by a few of my fellow twitterers to offer some tax tips as tweets. It’s a fairly interesting challenge since tweets on twitter are limited to 140 characters. But then, I love a challenge. So, from now until April 15, I’m going to make an effort to tweet a tax tip a…
In April of this year, I posted a list of Twittering Tax Pros. Since then, I’ve been tweeting up a storm and my list of folks that I follow has grown – that means it’s time for an update! Here’s the list so far (arranged by ABC order of real names, well, except for the…