IRS Disallows Health Insurance Deduction for Some S-Corporation Shareholders
Thursday June 1, 2006
In an unusual ruling by the IRS, employees who are shareholders in an S-Corporation might not be able to claim an above-the-line tax deduction for health insurance premiums. This move ... Read More
Honda Vehicles Certified for the Hybrid Tax Credit
Thursday June 1, 2006
The Internal Revenue Service announced that seven Honda models qualify for the hybrid tax credit. Credits range from $650 for a 2005 Accord to $2,100 for a Civic CVT. Here's ... Read More