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Articles related to tax deductions

Federal Income Tax Deductions - Learn more about how Deductions ...
Deductions reduce your taxable income, and can be useful for reducing US federal income tax. Some deductions are related to business income, while other  ...
Personal Tax Deductions - Tax Planning - About.com
Deductions reduce a person's taxable income. There are a variety of personal expenses for which a tax deduction could be taken. Topics include the standard ...
Charity Donations are Tax Deductible - Tax Planning - About.com
Donations of cash and property to qualified non-profits are tax deductible. To be ... You will need to itemize your tax deductions in order to claim any charity.
Tax Deductions - Tips for the Classroom Teacher
In a perfect world, school budgets would overflow with cash for the classroom. Teachers could buy all the supplies they need to optimally instruct their students.
Itemized Deductions for Form 1040 Schedule A - Tax Planning
Itemized deductions refers to a group of tax deductions found on Form 1040 Schedule A. People can claim either the standard deduction or choose to itemize  ...
Adjustments to Income - Federal Tax Deductions - Tax Planning
Various tax deductions known as "above-the-line" deductions or adjustments to income can be taken directly on your tax return. These deductions reduce your ...
Tax Deductions for Charitable Donations - Nonprofit Charitable Orgs
If you itemize deductions on your tax return, you may be able to take an income tax deduction for a gift to a qualified charitable organization. That is a big "if" ...
Tax Deductions - How to Save Taxes While Saving for Retirement
Tax deductions become very interesting when you're about to file your tax return. Tax deductions save you money because they reduce the amount of tax you ...
Business Tax Deductions - US Business Law / Taxes - About.com
Ten business tax deductions the IRS will not allow, including fines and penalties, taxes, commuting costs, hobby losses.
Preparing Your 1040 - Standard or Itemized Deductions?
Make the most of your tax deductions. Take the larger of your standard deduction or your itemized deductions. Tips for figuring your tax liability.
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