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Posts Tagged "Moving expenses paid because of change in jobs"

Itemizing vs. Standard Deduction: Three Tips to Help You Choose

When you start planning early, you have time on your side to help you compare between various options and choose the best for yourself. While filing your tax return, you usually have a choice of whether to itemize deductions or take the standard deduction. Before you choose, it’s a good idea to figure your deductions using both methods. Then choose…read more →

Deductions allowed when you do not itemize

This week we will discuss deductions that are available to be used on your tax return, even if you DO NOT itemize. There are two ways to reduce your income on your income tax returns. Reducing your income is a way to also reduce the income tax you may be responsible for. The two methods are known as itemizing your…read more →

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