Tax Deductible Items for your Job – Keep Accurate Records
Most individuals who are employed, and earn W-2 wages, usually don’t have on the job expenses. However, many others do have various tax deductible items that can be used on their tax return to reduce their taxable income.
Various professions, such as law enforcement, outside sales, and construction workers, to name a few, incur expenses in the performance of their job that are not reimbursed by their employer.
These could include tools, uniforms, use of personal auto, uniform cleaning, and many others. The important thing to remember is that these employee business expenses can be deductible if you personally paid for them and you were not reimbursed by your employer.
Where do you claim and deduct these tax deductible items?
As an individual employee, you can deduct these items if you use the itemized deduction method on Schedule A, and are not using the standard deduction.
Yes, we know getting that big tax refund is nice and it comes in handy. But it just doesn’t make good financial sense. You’re allowing self-serving politicians to play with your money with an interest free loan, and then you have to prove to them that it belongs to you by filing a tax return.
Another reason this coming year, for not over withholding, has to do with the Equifax credit bureau breach. Over 143 million individual accounts were taken, and many of them will be used to file fraudulent tax returns. If you’re not aware what happens then, let me explain.
These thieves file fraudulent tax returns very early when tax season opens and before the IRS receives the copies of W-2’s and other tax forms. They use your View full post…
Posted: February 9, 2018 Under: Income Tax By: Gust Lenglet
Do you still take your simple tax return to a CPA or a professional tax preparer? Don’t their high preparation fees seem excessive? The fact of the matter is that many individuals qualify to file taxes for free, but are still intimidated by the concept of taxes.
A few years back, I could understand this apprehension. But today, there is no reason to feel that way. Tax preparation software has become so intuitive and technologically advanced, it can literally prepare your return for you.
Unless your tax return is very complex, there is no need to gather all of your tax records, and make an appointment to see a professional tax preparer. Online tax filing sites today are so intuitive, they will actually show you how to file your own taxes.
Our online tax filing site, especially, will offer you so many benefits such as convenience, accuracy guarantees, plus very fast refunds. You get all of these simply by answering a few simple interview questions, and all from the comfort of your home. Did we mention the very low cost?
The Best Way to File Taxes Online With Guaranteed Accuracy
Have you ever wondered what the best way to file taxesonline? Is cost your primary consideration? Or maybe you’re looking for a way to file that has 100% accuracy guaranteed. Perhaps you’re more concerned with a way that is easy to use.
We have all of the above and a lot more to offer you with our really simple online tax filing program. That’s right, you can prepare your federal and state taxes yourself at our online website. Instead of paying high fees to a CPA or one of the tax franchise operators, you may even be qualified to file your federal return free of charge.
If you’re not comfortable using a computer, let me put your mind at ease. If you can use an e-mail program, you can do your taxes online. It really is that simple. I’m a registered tax preparer and have been preparing tax returns for over thirty years, and this is the best way to file taxes online for an individual.
Best Income Tax Preparation Tips You’ll Read This Year
You’ve decided that you’ll do your income tax preparation online this year and now begins the search for an online tax filing provider. You type in a keyword phrase such as online tax filing and before you appears about 20 million results.
You begin reading different ones on page one and they all advertise free returns with about 3 or 4 pricing variations that increase with the complexity of your return.
It’s Not Hard To Do Your Taxes Online – Read Our Tips
When you do your taxes online, it’s fast, easy, and very secure. Consider this scenario if you will. After a lot of thought and deliberation, you’ve decided to try something different this tax filing season. Your tax return isn’t that complex, so you’ve decided to do your taxes onlineat the recommendation of a friend.
But, where do you start? A search on the internet using one of the popular keyword phrases has produced so many results, it’s now even more confusing. You call your friend and he told you the site that he has been using for years.
Online Tax Preparation – It’s Easy if You Do It Smart
Tax season is fast approaching and many taxpayers should be aware of the various online tax preparation services that are available for them to file their tax returns.
Many still take their tax records to a tax preparer, even though they don’t have a difficult return. They end up paying a high preparation fee to the tax preparer as well. Plus, they actually make two trips to the preparer, one to deliver their information and the other to pick up their return and pay the preparation fee.
Are you fed up with the high cost of income tax preparation? Do you wish that you could find some way to file your taxes yourself that wasn’t so complicated? What if I told you that you could file taxes online free by yourself, without any hassle?
I can imagine your response to that.” Here comes another guy with the usual sales pitch.” I know there are a lot of individuals who aren’t comfortable with a computer and wouldn’t dream of doing their taxes at some online website.
Free Federal Tax Filing – Want to See If You Qualify?
Have you ever found free federal tax filing? Many feel that it’s bad enough having to pay taxes, but when you are charged a high fee to get your return prepared, well it’s just adding insult to injury.
There’s probably a lot of truth in that comment, most of it frustration caused by the complex tax code that even some tax preparers don’t understand. Way back, when the tax code was first introduced, and all of the special interests hadn’t stuck their greedy fingers in, preparing your tax return was quite simple. It can be compared to some of the flat tax proposals we all have been hearing about.
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