Since each parent can establish up to seven savings accounts per child, a couple can actually deduct $28,000 per child a year if they can keep track of it all.
In a fluke of how federal law is written, the IRS is arguing that businesses can actually deduct the cost of the marijuana that they're selling, but businesses cannot deduct other costs (rent, salaries, insurance, supplies) that any other business would normally deduct.
Most teachers and professors will actually deduct points for attempts to make the paper look longer.
A convenience fee of 10% of the postage actually used is deducted from the user's account at the end of each month (up to $19.99).
I actually stand there, deducting the white pages in between and adding up the number on my fingers.
Last year's deficit of $412 billion was actually $567 billion before deducting surpluses, mostly from Social Security.
I did my taxes recently, and this is the first year that I actually bothered to deduct for all those things that I buy over the year for my job.
First are so-called special charges, which companies say are one-time events from re-structurings or asset impairments, but which may actually include recurring operational costs that should be deducted from revenue.
15), which described the big fees paid by charities to professional fund-raisers: Here is a suggestion: The government could declare that only the fraction of a donation that actually goes to the coffers of the charity can be deducted from the donor's taxes -- and that any solicitation include that caveat.
