Tag Archives: Tax Deductions

Bubble Family

Posted on July 10, 2017 by Camron Hoorfar

Not all family expenses are deductible. One gentleman in New Jersey discovered this when he tried to deduct “a bubble of pure air”. He was fed up with the poor quality of the northern New Jersey air and tried to … Continue reading →

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Honey, Did You Pay the Babysitter

Posted on July 7, 2017 by Camron Hoorfar

Wouldn’t it be nice if the IRS allowed a deduction so that you and your spouse can go on a date night? Well they don’t. But one woman, in Kingsley v Commissioner, was allowed a deduction for paying a babysitter … Continue reading →

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That’s Insane! Part Five:

Posted on August 23, 2016 by Camron Hoorfar

Next in the insane ways people avoid taxes we have Lamar Odom, a NBA player who was making $9.3 million in 2007 but felt personally victimized by the IRS when we has told he couldn’t deduct $172,000 for “fitness fees” … Continue reading →

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That’s Insane! Part Four:

Posted on August 19, 2016 by Camron Hoorfar

For another installment of insane world of tax deductions, we take a look at, now aptly name, Chesty Love. This exotic dancer was able to successfully sue the IRS for her new breast implants to be considered a business deduction. … Continue reading →

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Over-looked Tax Deductions

Posted on February 23, 2016 by Camron Hoorfar

The end of this month marks the halfway point for the tax season.  If you haven’t filed yet, or you have filed but may want a second look, don’t forget about these often-over-looked deductions:  Investment losses up to $3,000 from … Continue reading →

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Tax Deductible Moving

Posted on September 29, 2014 by Camron Hoorfar

You may be able to deduct your expenses if you move to start a new job or to work in a different location. Here are some tax tips involving deducting your moving expenses: 1. You must incur the moving expenses … Continue reading →

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Reduce Your Taxes with Miscellaneous Deductions

Posted on August 5, 2013 by Camron Hoorfar

If you itemize deductions on your tax return, you may be able to deduct certain miscellaneous expenses. You may benefit from this because a tax deduction normally reduces your federal income tax. Here are some things you should know about … Continue reading →

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Tips for Taxpayers Who Travel for Charity Work

Posted on July 12, 2013 by Camron Hoorfar

Do you plan to travel while doing charity work this summer? Some travel expenses may help lower your taxes if you itemize deductions when you file next year. Here are five tax tips the IRS wants you to know about … Continue reading →

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Job Search Expenses May Lower Your Taxes

Posted on July 8, 2013 by Camron Hoorfar

Summer is often a time when people make major life decisions. Common events include buying a home, getting married or changing jobs. If you’re looking for a new job in your same line of work, you may be able to … Continue reading →

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Nine Tips on Deducting Charitable Contributions

Posted on April 2, 2013 by Camron Hoorfar

Giving to charity may make you feel good and help you lower your tax bill. The IRS offers these nine tips to help ensure your contributions pay off on your tax return. 1. If you want a tax deduction, you must … Continue reading →

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