IRS Publication 502 defines medical and dental expenses as the costs you pay to receive treatments that prevent, diagnose or treat diseases or other physical and mental ailments. Deductible costs also include equipment expenses, diagnostic services and the supplies necessary to service these conditions....
IRS publications are helpful guides the IRS provides to educate taxpayers. There are IRS publications covering nearly every topic, from reporting tip income to filing taxes as a business owner and how extensions work. Looking for answers on key tax topics? Find the IRS publication you need from ...
Very few practitioners have had a client subject to a research audit. That I’ve experienced two in my tiny practice, with the second so proximate to the publication of an article critical of the IRS, leaves me convinced I was targeted....
IRS Publication 590 provides extensive information on the tax implications of Individual Retirement Accounts (IRAs). The publication explains the various types of IRAs you can use for investing and how each can potentially save you money in income tax. The information most relevant to most taxpayers...