• Nov, Tue, 2011
  • 1 minute Read
Suspicious e-Mails and Identity Theft

The Internal Revenue Service has issued several recent consumer warnings on the fraudulent use of the IRS name or logo by scamsters trying to gain access to consumers’ financial information…

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  • Oct, Thu, 2011
  • 1 minute Read
Union Dues and Expenses

You can deduct dues and initiation fees you pay for union membership. You can also deduct assessments for benefit payments to unemployed union members. However, you cannot deduct the part…

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  • Oct, Thu, 2011
  • 2 minutes Read
Educator Expenses

If you were an eligible educator in 2010, you can deduct up to $250 of qualified expenses you paid in 2010 as an adjustment to gross income on Form 1040,…

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  • Oct, Thu, 2011
  • 3 minutes Read
Depreciation on Computers

If you break an employment contract, you can deduct damages you pay your former employer if the damages are attributable to the pay you received from that employer. Depreciation on…

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  • Oct, Thu, 2011
  • 1 minute Read
Business Bad Debt

A business bad debt is a loss from a debt created or acquired in your trade or business. Any other worthless debt is a business bad debt only if there…

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