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Can You Deduct Medical Expenses From Your Taxes in 2018?

It could save you money, but not all taxpayers have this option......»»

Category: topSource: foxnewsMar 10th, 2019

Lawmakers give California businesses tax break on forgiven PPP loans to boost COVID-19 recovery

Gov. Gavin Newsom and lawmakers negotiated the provisions of the bill, which allows businesses to avoid paying state taxes on forgiven loans from the federal Paycheck Protection Program and to deduct expenses paid for usin.....»»

Category: topSource: latimesMay 4th, 2021

Newsom signs law clarifying PPP loan deductions for California taxes

California Gov. Gavin Newsom signed legislation Thursday that allows most California business owners, small businesses and corporations that got Paycheck Protection Program loans forgiven to deduct expenses they paid with those loans......»»

Category: topSource: bizjournalsApr 29th, 2021

Newsom signs law clarifying PPP loan deductions for California taxes

The legislation allows most California business owners, small businesses and corporations that got Paycheck Protection Program loans forgiven to deduct expenses they paid with those loans......»»

Category: topSource: bizjournalsApr 29th, 2021

Lawmakers give California businesses tax break on forgiven PPP loans to boost COVID-19 recovery

Gov. Gavin Newsom and lawmakers negotiated the provisions of the bill, which allows businesses to avoid paying state taxes on forgiven loans from the federal Paycheck Protection Program and to deduct expenses paid for using the loa.....»»

Category: topSource: latimesApr 26th, 2021

If you got PPP loan, here’s what you need to know to file taxes

Can you deduct expenses paid with your Paycheck Protection Pro.....»»

Category: topSource: chicagotribuneFeb 15th, 2021

Tax Guy: Tax breaks for college tuition and medical expenses just came back from the dead — read this before filing your taxes

You may have to amend your 2018 return to fully cash in......»»

Category: topSource: marketwatchJan 8th, 2020

Can You Still Claim Medical Expenses on Your Taxes?

The quick answer: Yes. But many filers won't end up doing it......»»

Category: topSource: foxnewsMar 27th, 2019

2 huge retirement expenses you might be overlooking

You might want to start thinking about your future medical expenses and taxes now......»»

Category: topSource: moneycentralApr 18th, 2018

4 quirky things people have successfully deducted on their taxes

From business expenses, rental expenses and medical expenses, here are some of.....»»

Category: topSource: usatodayFeb 28th, 2019

Money Talk with Liz Weston: Avoid deducting personal expenses

The IRS says you can deduct the "ordinary and necessary" expenses for managing and maintaining a rental property.The IRS says you can deduct the "ordinary and necessary" expenses for managing and maintaining a rental property......»»

Category: topSource: latimesApr 9th, 2024

Chinese-Americans poured more than $80,000 into a Proud Boy crowdfunder before Jan 6 insurrection

Asian-Americans and ex-pats from China bank-rolled effort the far-right Proud Boys medical expenses after a violent confrontation with BLM protesters. A member of the Proud Boys guards the front st.....»»

Category: topSource: businessinsiderMay 8th, 2021

The Moneyist: My son, 18, says I should hand over the $1,400 adult-dependent stimulus. He claims it belongs to him. Who’s right?

‘I claim him as a dependent on my taxes because I pay more than half of his household expenses (actually all of his expenses)’.....»»

Category: topSource: marketwatchMay 3rd, 2021

NerdWallet: How to deduct Medicare costs on your income taxes

If you itemize deductions on your taxes, Medicare costs, such as premiums and copayments, may be deductible......»»

Category: topSource: marketwatchApr 19th, 2021

5 novel ways to use your health savings account: Invest, reimburse yourself for old expenses, more

You can do more with your health savings account than pay for medical expenses from this year. You can invest it or pay .....»»

Category: topSource: usatodayApr 18th, 2021

Tax Guy: When can I deduct business meal and entertainment expenses under current tax rules?

Good question. Tax Guy is here to help......»»

Category: topSource: marketwatchApr 8th, 2021

Drug companies seek billion-dollar tax deductions from opioid settlement

Four companies that agreed to pay a combined $26 billion to settle claims about their roles in the opioid crisis plan to deduct some of those costs from their taxes and recoup around $1 billion apiece......»»

Category: topSource: washpostFeb 12th, 2021

Crunching the numbers to determine whether a senior should buy or rent a home

REAL ESTATE MATTERS | At the amount you pay now in rent, you have to see if the cost of your loan, any assessments on a condominium, insurance expenses and real estate taxes would be less or greater than what you pay now......»»

Category: topSource: washpostFeb 8th, 2021

TaxWatch: IRS to teachers: Go ahead and write off your mask and hand sanitizer costs

Teachers can deduct up to $250 for unreimbursed expenses......»»

Category: topSource: marketwatchFeb 5th, 2021

Hawaii tries, for 8th time, to tax REITs

REITs own many of Hawaii’s hotels, office buildings, shopping centers and apartment complexes. Under federal law, they may deduct the dividends paid to shareholders from their state taxes; New Hampshire is the only state to disallow the deduction......»»

Category: topSource: bizjournalsFeb 3rd, 2021