Medical and Dental Expenses: What Can You Deduct?

Can you deduct medical and dental expenses? That's a complicated question. To start with, your deductions must exceed 7.5 percent of your adjusted gross income. And they have to fall into an IRS-approved category. Deductible medical expenses may include, but [...]

By |2019-01-15T19:26:44+00:00January 15th, 2019|Categories: Blog, Tax|Tags: |0 Comments

Is there still time to pay 2018 bonuses and deduct them on your 2018 return?

There aren’t too many things businesses can do after a year ends to reduce tax liability for that year. However, you might be able to pay employee bonuses for 2018 in 2019 and still deduct them on your 2018 tax [...]

By |2019-01-07T12:35:03+00:00January 7th, 2019|Categories: Blog, Tax|Tags: , |0 Comments