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Nine Expenses You Can’t Deduct On Your Tax Return

January 23, 2017

If you can't prove your deductions are valid if audited, you could end up having to pay additional taxes, penalties and interest. For some expenses you can't deduct in most cases, CLICK ON THE HEADLINE

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Can’t Pay Or File Your Taxes By April 15? Here’s What Happens If You Missed Monday’s DeadlineApril 15, 2024 - 9:35 pm
Failing to file on time when you still owe taxes will subject you to a failure-to-file penalty, which is based on how late your return is and the amount of your unpaid tax . You will also be hit with a failure-to-pay penalty. The good news is you still have time to rectify those situations before you’re penalized.
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How To Reduce Capital Gains Taxes And Save MoneyMarch 26, 2024 - 1:04 am
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Student Loan Forgiveness Email Scams: How To Detect It And Avoid It?March 18, 2024 - 9:07 pm
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Answers To 15 Common Tax QuestionsMarch 11, 2024 - 9:11 pm
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2024 Tax Refund Schedule: When Will You Get Your Payments This Tax Season?March 4, 2024 - 8:48 pm
The IRS has been processing tax returns more quickly this year. It’s important to note, however, that the IRS Tax Refund Schedule 2024 lists additional conditions that may affect the timing of tax refunds, including how quickly you submit and whether you are seeking certain credits.
What If I Can’t Pay My Taxes? Five Ways To Manage Your Bill.February 12, 2024 - 10:18 pm
You have options for dealing with a tax bill you can’t pay. To minimize penalties and interest, you’ll need to take action before taxes are due. Pretending the problem doesn’t exist is far more expensive than dealing with it.

Tag Archive for: allowable deductibles

Nine Expenses You Can’t Deduct On Your Tax Return

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