by Steven J Weil, PhD, EA, LCAM | Nov 18, 2023 | Blog, Personal Tax
Not able to itemize every year? Think about bunching deductions in the years you can itemize. If you have qualified itemized deductions that are NOT equal to the standard deduction in one year, you might be better off pushing deductions to the next year and itemizing...
by Steven J Weil, PhD, EA, LCAM | Oct 12, 2023 | Blog, Personal Tax
Teachers – Out of Pocket Classroom Expenses Are Tax Deductible Teachers and other educators can deduct up to $300 of out-of-pocket classroom expenses for 2023 when it comes time to file their federal income tax return. An eligible educator can deduct up to $300 of...
by Steven J Weil, PhD, EA, LCAM | Mar 9, 2023 | Blog, Business Tax
Commonly Overlooked Business Tax Deductions There are several business tax deductions that are often overlooked but can potentially save you a significant amount of money on your taxes. Here are some of the most commonly overlooked business tax deductions: Home Office...
