Barbara Weltman, Esq., an attorney based in Vero Beach, Florida, and author of J.K. Lasser’s 1001 Deductions and Tax Breaks 2021:Your Complete Guide to Everything Deductible. BarbaraWeltman.com
Whether you take the standard deduction or itemize for the 2021 tax year, here’s what deductions you can take, including what has changed.
The new tax law contains a lot of changes to deductions. Here’s what you need to know.
The new tax law contains a lot of changes to deductions. Here’s what you need to know.
Tax rules are not always clear-cut. Several recent rulings, including some victories for taxpayers and some defeats, help clarify the…
It's not too late to take actions now that can result in income tax breaks for 2013. Here are some…
Q: I bought $1,000 in raffle tickets to help out my church, which was giving away a car. I don’t…
Red Flags to Avoid An IRS audit. It's what taxpayers most dread as they prepare their returns and what 1.3…
You may think that you don’t stand a chance in fighting the IRS, but you would be wrong. Taxpayers can…
Five moves to make now No one knows how long the economic downturn will last. No one even knows for…
Loopholes for Us All The IRS constantly is challenging what taxpayers do on matters ranging from property tax to medical…
Recent rulings can save you $$$$ The idea of trying to challenge the Internal Revenue Service is more likely to…
Whether we’re in an actual recession (defined as two consecutive quarters of declining gross domestic product) or just an economic…
You’ve seen the signs -- “Going Out of Business”... “Liquidation Sale.” When you’re not involved, you can only guess what…