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Blog June 2006 Archive

By William Perez, About.com Guide to Tax Planning since 2004

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...

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