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Deductions

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7 Deductions That Lower Your Taxable Income

Most folks looking for tax deductions focus on things like mortgage interest, real estate taxes and charitable donations. But tax rule changes that applied in 2013 made them less valuable in cutting taxes for an increasing number of taxpayers.

04/09/2014

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Tax Education Credits And Deductions

College can be is very expensive, luckily Congress and the IRS have given us ways to offset education costs.

03/18/2014

Money Roll

5 Tax-Deductible Items You May Have Missed

Who doesn’t want to save a little (or a lot of) extra money at tax time? Claiming all the deductions for which you are eligible can significantly reduce your tax bill.

03/03/2014

Mitt and Ann Romney (Photo by Joe Raedle/Getty Images)

Opinion: Mitt Romney’s 13% Tax Admission Is Not Enough

Mitt Romney pays a SHOCKINGLY low percentage of his income on taxes. For a man of his means seeking public office it is a SHAMEFUL number. But Romney is a man without shame.

08/17/2012

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Free Tax Tip #6: Roll Over Into A Roth Account

Barry R. Steiner, a Chicago based CPA and former IRS Agent, brings you one new tax tip each week! This week’s subject: roll over into a Roth account.

03/07/2012

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Free Tax Tip #5: Maximize Retirement Account Tax Savings

Barry R. Steiner, a Chicago based CPA and former IRS Agent, brings you one new tax tip each week! This week’s subject: maximize retirement account tax savings!

02/29/2012

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Free Tax Tip #4: Better To Give Than To Receive?

Barry R. Steiner, a Chicago based CPA and former IRS Agent, brings you one new tax tip each week! This week’s subject: better to give than to receive?

02/22/2012

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Free Tax Tip #3: Maximizing Write-Offs

Barry R. Steiner, a Chicago based CPA and former IRS Agent, brings you one new tax tip each week! This week’s tip: Try to maximize your ‘above-the-line’ write-offs…

02/15/2012