After Singleton-Clarke's victory, it may be easier to deduct the costs of an MBA, but you could still have a fight with the IRS on your hands, and you still could lose.
Even if you itemize your deductions and elect to deduct your state and local income taxes, you can still deduct your vehicle's sales taxes.
If you itemize deductions, you can choose to deduct your state and local sales taxes or to deduct your state and any local income taxes, but not both.
Make one easy fix to the tax forms, and put the line to deduct charity on the main form instead of on the form where you itemize, and everyone in America can deduct their charitable givings from their income.
Our legislators should also make it easier for small businesses to pool their resources to buy insurance and should allow the self-employed to deduct their health expenses in full — now.
It is forbidden, however, to deduct golf expenses.
Current law allows businesses to deduct losses from only two years ago.
Finally, a way to deduct the price of theater tickets.
They must fight the government to deduct office expenses.
It is illegal to deduct political contributions as charitable contributions.
