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   Additional Income Tax Deduction Resources

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The Best Income Tax Deduction For Small Businesses - If your business is a sole proprietorship or partnership, the best income tax deduction for your small business is the RRSP. Here's why ...
 

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  Income Tax Deduction World News

  • Earned Income Tax Credit an often missed deduction
    Millions of workers could overlook a special federal tax credit because they don't know about it. As a result, they could miss out on up to $5,751 extra in their federal income tax refunds through the Earned Income Tax Credit, or EITC.
    income tax deduction 09 Feb 2012
  • Big medical bills may add up to qualified tax breaks
    Taxpayers swamped by big medical bills in 2011 can get some relief when they file income tax forms this spring thanks to an overlooked deduction that is hard to reach in a typical year.
    income tax deduction 09 Feb 2012
  • Not too late to cash in on savings for this tax season
    Jessica James/Special to the Sun If you?re just beginning to think about your 2011 income tax return, you?ve got a late start ? but it?s still not too late to cash in on some savings. ?A lot of the deductions associated with the economic stimulus package will disappear in 2012, so if you want to take advantage of them, you?ve got only until Dec. 31,? says Jessica James, CPA and author of Justice ...
    income tax deduction 09 Feb 2012
  • Big medical bills may add up to tax breaks
    Taxpayers swamped by big medical bills in 2011 can get some relief when they file their income tax forms this spring thanks to an overlooked deduction that is hard to reach in a typical year.
    income tax deduction 09 Feb 2012
  • Tax Tips for Americans Living Abroad
    Filing income tax returns is an arduous and stressful task for a person living in the United States. But the process is simple compared with that of U.S. citizens living abroad. According to the State ...
    income tax deduction 09 Feb 2012
  • Cantor tells of plan for small-firm deduction
    House Republicans plan legislation granting small businesses - and potentially nearly every company in the country - a 20 percent income-tax deduction, a GOP leader said Wednesday as the party stepped up its election-year competition with President Obama over job creation. The tax cut would apply to every business with ...
    income tax deduction 09 Feb 2012
  • House GOP bill would cut small business taxes
    House Republicans plan legislation granting small businesses ? and potentially nearly every company in the country ? a 20 percent income tax deduction, a GOP leader said Wednesday as the party stepped ...
    income tax deduction 09 Feb 2012
  • Kansas income tax debate accelerates
    Opponents to Gov. Sam Brownback's proposal for cutting Kansas income tax rates said Wednesday the Republican's plan is misguided and would punish working families.
    income tax deduction 09 Feb 2012
  • Make permanent sales tax deduction
    Washington state taxpayers enter the new year not knowing if Congress will extend the sales tax deduction to those states that don?t have an income tax.
    income tax deduction 09 Feb 2012
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