KOOL 98 » deductions http://98kool.com Lubbock's Greatest Hits of All Time! Sat, 18 May 2013 14:03:11 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 Ten Tax Break Tips, A Must Read If You Haven't Filied Your Taxes Yet http://98kool.com/ten-tax-break-tips-a-must-read-if-you-havent-filied-your-taxes-yet/ http://98kool.com/ten-tax-break-tips-a-must-read-if-you-havent-filied-your-taxes-yet/#comments Tue, 12 Apr 2011 14:59:06 +0000 Rick Taylor http://98kool.com/?p=4970

Yesterday, I told you about seven no-no's when filing tax returns, today its ten yes-yes's.  Since the goal of every taxpayer is to make sure the IRS gets as little as possible, you need to take every tax deduction, credit or other income adjustment you can.

]]> http://98kool.com/ten-tax-break-tips-a-must-read-if-you-havent-filied-your-taxes-yet/feed/ 0 irs.gov Seven No-No's That Will Surely Trigger An IRS Audit http://98kool.com/seven-no-nos-that-will-surely-trigger-an-irs-audit/ http://98kool.com/seven-no-nos-that-will-surely-trigger-an-irs-audit/#comments Mon, 11 Apr 2011 16:36:07 +0000 Rick Taylor http://98kool.com/?p=4961 Taxes are due one week from today, on Monday, April 18th.  Before you file, here are seven things you shouldn’t even THINK about deducting. 

#1)  Your Landline Telephone.  Even if you only use it for work, the IRS says the first hard-wired phone in your home is always considered a personal expense.  But you CAN deduct long distance calls as long as they’re business-related. 

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