Expenses for which the volunteer was already reimbursed by the charity. For instance, if “John” volunteered his day helping set up for a charity event, and was paid back the money he spent on parking by the charity, he cannot later claim that deduction on his taxes. Personal expenses not...
Column Tax, founded two years ago, is an embedded tax-filing service that specifically focuses on helping low-income families file their taxes for free. According to CEO Gavin Nachbar, the company is aiming to integrate tax filing into apps that people already use. This tax s...
You may owe taxes on a portion of your settlement. How is a personal injury settlement affected by bankruptcy? There are federal and local laws that may exempt part of your personal injury case from bankruptcy, depending on your unique situation. These rules may spare some of your property ...
dealing with defense lawyers, and appearing in court is grueling. Pay stubs, receipts, and other financial documents may need to be obtained. Your lawyer handles all of this, allowing you to focus on emotional healing. They remove the overwhelm so you don’t have to go through ...