4 Costly Tax Mistakes to Avoid

Don’t end up making your tax bill worse than it already is. Christy Bieber (TMFChristyB) Nov 3, 2019 at 11:05AM Author Bio No one likes to pay taxes, and you definitely don’t want to pay more than you actually owe. Unfortunately, the tax code is really complicated in the United States, so it’s far too easy to make a costly mistake.Simple errors could cost hundreds […]

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Here’s the 411 on who can deduct car expenses on their tax returns

IRS Tax Reform Tax Tip 2019-100, July 29, 2019 Taxpayers who have deducted the business use of their car on past tax returns should review whether or not they can still claim this deduction. Some taxpayers can. Some cannot. Here’s a breakdown of which taxpayers can claim this deduction when they file their tax returns. Business owners and self-employed individuals Individuals who own a business […]

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