Can I Deduct my Work Clothes?
November 8, 2017
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To get right to it, the answer is most likely “no.” The IRS has very strict rules for what type of clothing can be deducted. While
Resources
Spend more time doing what you love - not doing math.
Health Insurance Coverage Basics: Forms 1095-A, -B, and -C
February 12, 2016
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Resources 2015 Form 1095-A, Health Insurance Marketplace Statement 2015 Instructions for Form 1095-A 2015 Form 1095-B, Health Coverage 2015 Instructions for Form 1095-B 2015 Form
Recording and Reporting Income from Tips
October 6, 2015
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Resources IRS Publication 531: Reporting Tip Income IRS Publication 1244: Employee’s Daily Record of Tips and Report to Employer Form 4070A: Employee’s Daily Record of
Taxability of Unemployment Benefits
June 17, 2015
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Resources IRS Tax Topic 418: Unemployment Compensation IRS Publication 525: Taxable and Nontaxable Income 2015 Form 1099-G Why YOU Should Care If you receive unemployment
Losses from Casualty and Theft
February 9, 2015
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Resources IRS Publication 547: Casualties, Disasters, and Thefts Tax Topic 515: Casualty, Disaster, and Theft Losses (including Federally Declared Disaster Areas) 2014 Form 4684, Casualties
Qualifying Widow(er) Filing Status
February 2, 2015
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Resources IRS Publication 501: Exemptions, Standard Deduction, and Filing Information Why YOU Should Care: For two years following the death of a spouse, if you
Head of Household Filing Status
January 26, 2015
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Resources IRS Publication 501: Exemptions, Standard Deduction, and Filing Information Why YOU Should Care If you pay more than half the cost of maintaining a
I’m Married – Should I File Jointly or Separately?
January 19, 2015
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Resources IRS Publication 501: Exemptions, Standard Deductions, and Filing Information Why YOU Should Care Generally, couples who are legally married as of December 31 of
The Retirement Savings Contributions Credit
December 9, 2014
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Resources: Form 8880, Credit for Qualified Retirement Savings Contributions IRS Summary of the Saver’s Credit Why YOU Should Care: To encourage people to save for
Penalties for Overdue Taxes
December 2, 2014
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Resources Eight Facts on Late Filing and Late Payment Penalties IRS Q&A: Collection Procedural Questions Topic 653: IRS Notices and Bills, Penalties and Interest Charges
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