Many expenses that may qualify as miscellaneous itemized deductions are deductible for regular tax purposes only to the extent they exceed, in aggregate, 2% of your adjusted gross income (AGI). […]
Medical expenses that aren’t reimbursable by insurance or paid through a tax-advantaged account (such as a Health Savings Account or Flexible Spending Account) may be deductible — but only to […]
Thanks to the American Taxpayer Relief Act of 2012 (ATRA), taxpayers have some new and renewed incentives to make charitable donations in 2013 and beyond. Unfortunately, in some cases ATRA […]