Secondly, tax deductibility will depend on how you pay your premiums: If you pay for health insurance coverage before taxes are taken out of your employer’s paycheck, you can’t deduct your health insurance premiums. (Generally speaking, you can only claim qualified medical expenses as a post...
Motor Vehicle LeasingThe payments for leasing a car are deductible, but no depreciation can be claimed since only owned property can be depreciated. If the lease includes an option to buy, then what is deductible depends on whether it is a lease or a purchase agreement. The difference depends...