The IRS Deductions Blog

Posts Tagged ‘taxes’

Question: Is there a company that can do my taxes? I am in Iraq and I have a lot of uncommon deductions.?

I have looked at all of the online sites and I could not find a way to list all of my various deductions. Is there somewhere that I can talk to an actual person and they will file for me?

Answer: I’ve used TurboTax online for years (you don’t even need to go buy the “box”). Just google it and go into their website.

It’s been great. It will walk you through everything. I usually have one of two things I have to go call about to get exact data, but the systems works great. We too have some us usual items.

After you’ve done your first year it will save a lot of your data for the following year so that you will have fewer data entry tasks. Good luck.

If you are in the military, thanks for serving !

Items on Amazon Right Now for Company Tax Deductions:

Every Landlord’s Tax Deduction Guide $39.99 Every Landlord’s Tax Deduction Guide gives small residential landlords – who can’t afford to hire high priced accounting or law firms – the guide they need to save money on taxes.Every Landlord’s Tax Deduction Guide explains how to: fill out the dreaded IRS Schedule E; determine whether an expense is a deductible repair or depreciable improvement; take real estate tax credits; maximize deprec…

Loopholes of the Rich: How the Rich Legally Make More Money and Pay Less Tax $3.02 In easy-to-follow and straightforward language, this guide teaches business owners how to pay only those taxes which are due to the government – and save the rest. By learning the rules that the wealthy play by, business owners can take advantage of legal tax deductions to cut their annual tax payments….

Surprisingly Simple: Independent Contractor, Sole Proprietor, and LLC Taxes Explained in 100 Pages or Less $9.25 Find all of the following, explained in plain-English with no legal jargon:Business Taxation 101: A brief primer on tax topics in general, especially as they apply to businesses.Home Office Deduction: How to ensure you qualify for it and how to calculate it.Estimated Tax Payments: When and how to pay them, as well as an easy way to calculate each payment.Self-Employment Tax: What it is, why it exi…

TurboTax Home & Business Federal + State + Federal efile 2009 $42.89 TURBOTAX HOME & BUSINESS WITH…

5 Small Businesses Tax Tips for 2010 from DebtGuru.com

Start preparing for next year’s tax season now to make it much easier for tax time. Find many more tips on the Debt Guru blog at http://www.debtguru.com/finances/top-twelve-tax-tips-for-small-businesses.

Tax Deduction Tips for Businesses : Sub Chapter S Corporation Tax Tips

Question: is health insurance through your employer tax deductible?

Answer: that depends of whether it was taken out pre tax or after tax
if it was taken out on a pre taz basis then no, because you didn’t pay tax on that money. If it was taken out after tax then yes it could be. You need to ask your payroll dept how is was taken out.
It is only a deductible expense if you are Itemizing your deductions on Schedule A rather than taking the Standard Deduction. And all medical expenses must be reduced by 7.5% of your adjusted gross income

Items on Amazon Right Now for Health Insurance Deductible Taxes:

Would your business owner clients be interested in a tax-deductible buy-sell?(Business Insurance): An article from: National Underwriter Life & Health $5.95 This digital document is an article from National Underwriter Life & Health, published by The National Underwriter Company on November 15, 2004. The length of the article is 1200 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web b…

Using tax-deductible company dollars for personal life insurance: for many business owners, this is the ‘holy grail’ of insurance planning.(Focus: … from: National Underwriter Life & Health $5.95 This digital document is an article from National Underwriter Life & Health, published by The National Underwriter Company on September 13, 2004. The length of the article is 1356 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web …

Most elected officials volunteer for wage freeze

Citing the difficult economy, most of Crow Wing County’s elected officials and senior management staff volunteered for a wage freeze for 2010.

Six Steps for Buying Health Insurance – Intro