Tag Archives for " tax deductions "

Nice-Try Tax Breaks Rejected by the IRS

  • January 20, 2019

Over the years, taxpayers have concocted a lot of zany arguments to justify their tax breaks. Here are some of the most creative ones that the courts decided did not quite work. Take note: many of these

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5 Tax Strategies for Small-Business Owners

  • January 18, 2019

Many small-business owners don’t take full advantage of the opportunities available to them to reduce what they pay in taxes. Below are a few often-overlooked tips to consider. Small-business owners

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Deducting Mortgage Interest in 2018

The deduction is still there, but you might not be able to use it anymore. One of the most popular and lucrative tax breaks has been the deduction for mortgage interest, and while tax reform didn’t

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What Should You Do with Your Tax Refund?

  • May 18, 2018

So you already filed your 2017 taxes and you’re getting a refund. Congratulations! The average, according to the IRS, is more than $3,000, which is a mini-windfall of sorts. Maybe you’ve been eyeing

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