by admin | Nov 16, 2022 | Solve Your IRS Tax Problems
With the Tax Cuts and Jobs Act, the standard deduction was raised to $12,400 for tax year 2020. This means that certain taxpayers who used to give generously to charity to increase their deductions did not really see a benefit on their taxes – the standard...
by admin | Nov 16, 2022 | Solve Your IRS Tax Problems
This is going to be part of a series of articles I’m writing on deductions specific to our Ohio taxpayers. As you read this, you may want to pull out your last years’ tax returns to see if your tax preparer remembered to claim this (and other deductions)...
by admin | Nov 16, 2022 | Solve Your IRS Tax Problems
What is a home office deduction? If you are committed to taking every expense possible to reduce your tax liability, you may have asked yourself if it is legal to deduct the space in your home dedicated to work projects. Years ago, having an office-in-home while...
by admin | Nov 16, 2022 | Solve Your IRS Tax Problems
Are you using summer day camps for child care soon? Here are some tips for you to help you next winter during tax season. First, keep in mind that summer camps can be used toward the dependent care expense deduction – as long as both spouses work or attend...
