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Tag Search Results For 'deductions' (133)
Managing High Gas Prices: Launch your own Green Business and Dedu…
Sustainablog | July 2nd 2008
Like the rest of nature that evolves remarkably to stresses in the environment, people will be able to adapt to high gas prices. Really. In many parts of Europe, people are paying upwards of $7 - $8/gallon of gas. Things will change here in the USA read more
GLOBAL WARMING WARNING CATASTROPHE FOR AUGUST 2008
GLOBAL WARMING WARNING CATASTROPHE FOR AUGUST 2008 | July 1st 2008 by Clinton Strowder
GLOBAL WARMING WARNING Blog: I have noticed a trend. Ice melting on the polar caps results in castostrophic weather events and flooding. When news breaks about ice chunks seven times the size of Manhatten Island in New York breaking away from the Ant read more
$4 per gallon gas prompts increase in IRS mileage rates
Don't Mess With Taxes | June 23rd 2008 by Kay
I just got back from a story interview on the other side of Austin. The round trip was 47.8 miles. So you can imagine my delight, upon returning to my office, in learning that the IRS today hiked the optional standard business mileage rate by 8 cents read more
Can We Claim Deduction U/s 80G If Donation Was Deducted From Sala…
F.A.Q. on Indian Income Tax Laws! | June 23rd 2008 by taxquery
We have received one circular that the amount as donation will be deducted from our salary to pay to recognized charitable trust (which has 80G deduction number allotted by IT Department) for the hospitalization of cancer patient. Accordingly, amount read more
Bunching medical expenses
Don't Mess With Taxes | May 14th 2008 by Kay
I had a doctor's appointment today. Nothing wrong; just a routine checkup and blood tests, which I'm sure will tell me that, no, I'm not anemic. I'm just looking for any excuse to sit around in a lounge chair in my newly refurbished backyard. And as read more
Ask the taxgirl: Paying someone else’s health care expenses
Taxgirl | May 12th 2008 by Kelly Phillips Erb
Taxpayer asks: Hi TaxGirl. I’ve searched all over the Internet and the IRS.gov website and I can’t find an answer to my question, so I’m hoping you can answer it: My sisters don’t currently have healthcare insurance, so my mo read more
Help needed for natural disaster victims
Don't Mess With Taxes | May 12th 2008 by Kay
Man, I did not want to have to write about the need for charitable donations, but Mother Nature is just not being very maternal. So far this year, the U.S. has been hit by a near-record number of killer tornadoes that has left almost 100 people dead read more
Small Business Success - Six Start Up Tips for Every Business
Online Home Business | May 10th 2008 by Tammy
Six Start-Up Tips Every Business Needs By Michael Potter, J.D. Every business deserves a chance to succeed. But after deciding to open a business, it can be a daunting task to develop, organize and present your products or services without the right read more
Part 1 ~ Advantages & disadvantages of a home office!
My Fashion E-Mall Blog | May 9th 2008 by Sonia
What are your advantages & disadvantages of a home office? Working from my home office is a blessing. I’ve had to outweigh the advantages and disadvantages of working from my home but the outcome for me far outweighs working in the corporate wo read more
United States Government Helps Businesses Go Green (no really!)
environmentastic! | April 30th 2008 by A. Caleb Hartley
Business.gov recently added some content focusing on environmental compliance, energy efficiency, and money saving tips for small business owners. read more
Selling Books and Uncle Sam
On Creative Writing and Publishing | April 16th 2008
Let’s discuss the business of selling beginning with a brief foray into housekeeping matters that include Copyright, State Sales tax, Record Keeping, and Federal Income Tax.Copyright. Directly from the Copyright Office: Copyright protection subsist read more
Can Going Green Save Some Green?
Taxgirl | April 15th 2008 by Kelly Phillips Erb
Sigh. It’s the day after tax season. Folks are tired and cranky (trust me, I get the emails). Nobody likes to pay taxes. And every year, you swear to do better, plan more, save more. Why not actually do it this year? There are a couple of t read more
2007 Taxes
My Journey Thru Personal Finance | April 15th 2008 by MyMoneyAdventure
So today I mailed off my finance's taxes for the year. An astounding $ 1745 for the entire year. And the majority of that for Social Security and Medicare.Want to know my tricks for lowering her taxable income:IncomeW2 Income: 2640Taxable Interest: read more
Just Because You've Left, Doesn't Mean You're Gone
Bagwine Ruminations | April 14th 2008 by Matt-Man
Cute picture, eh?Ryno’s mom came across this while she was cleaning out some drawers, at what used to be my house.It’s a picture of Ryno and I circa 1996. He would have been somewhere between 1 and 2 years old and I was about 31 or so.The little read more
Two Income Tax Tips for San Diego Filers
Carlsbad, Encinitas and San Diego Luxury Real Estate | April 10th 2008 by Roberta Murphy
by Roberta Murphy Income tax filing is just around the corner, but here are a couple of tax tips owners may want to keep on hand: 1. Congress, reacting to the subprime mortgage mess (in San Diego and elsewhere), has provided welcome tax relief to S read more
Ask the taxgirl: Credit Card Debt
Taxgirl | April 9th 2008 by Kelly Phillips Erb
Taxpayer asks: I spent most of last year paying off my credit card. A friend told me that this was deductible but I don’t know where to put it on my taxes. Where does it go? Taxgirl says: I’m guessing that your friend hasn’t filed read more
Ask the taxgirl: Charity and deductions
Taxgirl | April 8th 2008 by Kelly Phillips Erb
Taxpayer asks: Hi taxgirl, There is a woman at our church who recently lost her home in a storm. A few of us put our heads together and decided to take up a collection for her. We collected money, housewares, bedding, you name it. She lost almost read more
Don't overlook these tax breaks
Don't Mess With Taxes | April 5th 2008 by Kay
With just over a week to finish up our 2007 Form 1040s, all of us late-season filers are starting to get serious. Many are in good shape, despite the late date. They have all the data and documentation they need; it's just a matter of entering the in read more
What is it with these Fu#king taxes?
Controlled Insanity | April 4th 2008 by Jringo
is it just me or now matter how much You make and no matter how many deductions You have, they still manage to ram it in Your ass every year? read more
Are Physical Disable Person Required To Have Proof Of Expenditure…
F.A.Q. on Indian Income Tax Laws! | April 3rd 2008 by taxquery
I am a handicapped ie.,deaf & dumb from birth. Also my spouse is handicapped ie.,deaf & dumb from birth. We are permanently deaf & dumb 100%. I am working as central govt employee and my spouse working in Public sector under read more
The unfairness of housing tax breaks?
Don't Mess With Taxes | April 2nd 2008 by Kay
As Members of Congress, fresh out of the woodshed they were taken to when they went back to visit constituents during the Easter break, move forward with a new housing relief plan, the New York Times Economic Scene columnist David Leonhardt takes a l read more
Can One Claim Deduction For Expense On More Than One Disable Depe…
F.A.Q. on Indian Income Tax Laws! | March 31st 2008 by taxquery
I have to file income tax return where the assessee has 3 medically disabled person i.e Father , Mother and Uncle (fathers brother). What is the process of getting deduction for the A.Y. 2007-08 , What is the amount and what is deduction. Pinky Sital read more
Why Is Pension Fund Investment Not A Great Tax Saving Move?
F.A.Q. on Indian Income Tax Laws! | March 29th 2008 by taxquery
Under which section surrender value of pension plan is taxable ? Sanjay Chavan, PuneThe contribution in pension funds gives the investor deduction u/s 80CCC upto Rs 1,00,000 . However,the combined deduction under 80CCC + 80C + 80CCD is Rs 1,00,000.Wh read more
Is Distance Education Eligible For Deduction ?
F.A.Q. on Indian Income Tax Laws! | March 25th 2008 by taxquery
Does a Distance learning course of Management via satellite also qualify for the aforesaid deduction? Rajesh ,HyderabadIs the tuition fees for M.B.A (Distance Education) paid for self is allowable for deduction u/s 80C of the Income Tax Act . Prem Ku read more
Can School Fee Treated As Perquisite Be Allowed Deduction U/s 8…
F.A.Q. on Indian Income Tax Laws! | March 25th 2008 by taxquery
I am working in a school & getting 100% rebate on Tuition fee on my 2 children's fee. The amount of rebate is added as a perquisite in my gross salary which increase the amount of TDS on salary but I am not getting the rebate of the same under se read more
Beware these bad tax eggs
Don't Mess With Taxes | March 23rd 2008 by Kay
By now on this Easter Sunday, the kids probably have already dived into their Easter baskets, consuming way too much chocolate, in the form of hollow-eared rabbits, and sugar, courtesy of those gooey little Peeps. And, of course, there are the Easter read more
Ask the Taxgirl: Health Insurance Premiums
Taxgirl | March 22nd 2008 by Kelly Phillips Erb
Taxpayer asks: Last year, I lost my job. I haven’t found a full time job yet so I have been paying for my health insurance out of pocket by COBRA. Is this deductible on my taxes? A friend told me that it was but I thought only visits to the d read more
W00t for the IRS
jenn.nu | March 17th 2008 by Jenn
Tax rebate checks are coming!!! Good lord I’m excited. But yay, free money! And part of the money we’re getting from the government will be going towards the cost of having central AC installed. And central AC is considered energy efficie read more
Should DDO Insist Upon Evidence Of Payment For Deduction u/s 80DD…
F.A.Q. on Indian Income Tax Laws! | March 15th 2008 by taxquery
I have query regarding Section 80E of Income Tax Act for the deduction of Interest paid on Higher Education Loan. One has not claimed as deduction interest paid on higher ed. loan in P.Y.2006-07 and filed return without claiming Section 80E. Now whet read more
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