by KNSS | Nov 17, 2015 | 2015 Year End Newsletter, Deductions
According to the IRS, to be deductible, an expenditure must be both “ordinary” and “necessary” in connection with your profession.? The IRS defines “ordinary” as common and accepted in a particular profession and...
by KNSS | Dec 18, 2013 | Deductions
According to the IRS, to be deductible, an expenditure must be both “ordinary” and “necessary” in connection with your profession.? The IRS defines “ordinary” as common and accepted in a particular profession and...
by KNSS | Dec 12, 2013 | Planning
It’s not too late to cut your 2013 tax bill.? Prior to Dec. 31st: ?Increase your 401(k) and 403(b) contributions if you haven’t been contributing at the maximum rate all year.? This year you can put away up to $17,500 ($23,000 if 50 or older) into your...
by KNSS | Mar 19, 2013 | Uncategorized
From Peter Blank, The Kiplinger Washington Editors?in the original article on http://money.msn.com/taxes/14-extraordinary-tax-deductions-1 Here are?two feline examples of?the types of extraordinary deductions that?have been?allowed by the IRS: Cat food, part one A...
