Top Tax Deductions

June 24th, 2010

Top Tax Deductions

Question: Can you use the cost of home improvements as a Tax Deductions?

For example, new wood flooring, new tile, new kitchen counter tops, etc…?

Answer: Nope….no deductions there.

Certain energy improvements (windows, doors, etc.) qualify for a small credit but general home improvements are not deductible in any way.

Items on Amazon Right Now for Top Tax Deductions:

House Passes Tax Cut for Small-Business Investment

House passes tax cuts to help small businesses, bill to be merged with lending measure Small business – Business – Tax cut – Business and Economy – Finance

Tax Deduction Tips & Advice : How to Take Federal Income Tax Deductions

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