Generally, the following expenses are deducted on Schedule A (Form 1040), line 21, or Schedule A (Form 1040NR), line 9. You can deduct only unreimbursed employee expenses that are: Paid…

You can deduct certain expenses as miscellaneous itemized deductions on Schedule A (Form 1040 or Form 1040NR). You can claim the amount of expenses that is more than 2% of…

Tax-free college savings plans and prepaid tuition programs can be used to buy computer equipment and services for an eligible student during 2009 and 2010. These 529 plans — qualified…

The loss of a job may create new tax issues. Severance pay and unemployment compensation are taxable. Payments for any accumulated vacation or sick time also are taxable. You should…

When it comes to what a leader is really paid, a distinction must be made between base salary and additional stipends. Leaders may receive free residences or residential stipends, free…

What makes a world leader’s pay reasonable or outlandish? One way of making this call is by looking at pay compared to a country’s GDP per person at purchasing power…

1. Lee Hsien Loong (Singapore): $2,183,5162. Donald Tsang (Hong Kong): $513,2453. Raila Odinga (Kenya): $427,8864. Barack Obama (United States): $400,0005. Nicolas Sarkozy (France): $302,4356. Stephen Harper (Canada): $296,4007. Mary McAleese…

If you owe taxes but can’t pay the full amount by the April 18 deadline you should still file your return on time and pay as much as you can…

Low Income Taxpayer Clinics (LITCs) represent low income taxpayers before the Internal Revenue Service, assist taxpayers in audits, appeals and collection disputes, and can help taxpayers respond to IRS notices…