Tax Blog

Update on 2014 tax extenders!

December 19, 2014
It's official! The senate has passed the tax extenders for 2014! With two weeks left we finally know the all the tax laws. Here are the ones that will affect most people.
Educator expense. This is an above-the-line deduction (meaning that you don’t have to itemize to take the deduction.) The deduction is for teachers and other eligible educators a deduction of up to $250 for unreimbursed expenses paid or ...

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Very last minute ways to save on your 2014 taxes!

December 19, 2014


TIPS TO SAVE MONEY ON YOUR 2014 TAXES!
 
 
Go through all your closets and get rid of all the things you  haven’t used in a while and donate to a qualified 501 (C) (3) charity. Make sure you write everything down and check out what comparable things sell for in a thrift store, then write that down next to it. You will probably not give yourself a big enough deduction ...

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