If you buy a new car, pickup truck, motorcycle or motor home in 2009 you could qualify for a new sales tax deduction, thanks to the stimulus law passed on February 17, 2009.
8 Fun and Low-Cost Holiday Things to Do From checking out your local library to taking a nature hike, there are plenty of inexpensive and free ways to entertain yourself. Geoff WilliamsDec. 4, 2024 How Stretch Theory Can Help You Save ...
But instead of using the new $600 threshold right away, the IRS applied the previous reporting threshold for the 2022 and 2023 tax years. For the 2024 tax year, the IRS is using a $5,000 threshold, regardless of the number of transactions. The thre...
Central Electronic System of Payment information (“CESOP”) is a new fiscal reporting requirement at the EU level imposed on payment processors starting with January 1, 2024. Through this requirement, payment processors will need to monitor and report quarterly, in electronic XML format, information...
How soon can I pay my taxes? Where to buy tax software? How We Chose the Best Tax Software of 2024 When looking at tax preparation software, we first evaluated the types of features included in different pricing plans. Then we considered: ...
When planning a family trip, one of the first things that comes to mind is how to keep my little ones safe while on the road. Car rental places often offer the option to rent car seats for kids, which can be a lifesaver for parents like ... ...
Do I need to file Form 1099-K with my tax return? You don’t actually file the 1099-K itself with your return. The payment processor has already sent a copy to the IRS. Your job is to make sure the income reported on the 1099-K is included in your total income on your tax retur...
What can I deduct from my taxes as a home-based business? The following list contains the most common deductions home-based business owners claim on their tax returns. Home-related expenses Home office-related deductions are based on the percentage of your home that you use for business. ...
September 16, 2022 Rescuers searched this week for a person missing in a mudslide that swept boulders down fire-scarred slopes and damaged or destroyed 30 homes in the Southern California mountains as firefighters in the northern part of the state tried to contain … ...
What expenses can I deduct for my LLC? If you’ve just started your LLC, you can deduct up to $5,000 of capital expenses in your first year of operation. After that, you can start calculating depreciation on some of these assets— however, most of your deductible expenses from this poi...