Yes, you can typically deduct traditional IRA contributions from your taxable income when filing your taxes, which can lower your overall tax bill.
No, you cannot deduct Roth IRA contributions on your taxes because they are made with after-tax money.
No, you cannot deduct Roth IRA contributions on your taxes because they are made with after-tax money.
Yes, you can typically deduct 401k contributions from your taxable income when filing your taxes, which can lower your overall tax liability.
You can write off up to 3,000 per child for daycare expenses on your taxes.
No, you cannot write off gift cards on your taxes as they are considered a personal expense and not a deductible business expense.
No, you cannot deduct Roth IRA contributions on your taxes because they are made with after-tax money.
No, you cannot deduct Roth IRA contributions on your taxes because they are made with after-tax money.
Yes, you can typically deduct 401k contributions from your taxable income when filing your taxes, which can lower your overall tax liability.
You can write off almost any donation on your taxes. Junk car donation is also something that you can write off.
You can write off up to 3,000 per child for daycare expenses on your taxes.
No
No, you cannot write off gift cards on your taxes as they are considered a personal expense and not a deductible business expense.
Yes, you can typically write off gas as a business expense on your taxes if you use your vehicle for business purposes.
Yes, you can write off property taxes in California on your tax return as long as you itemize your deductions.
No, you cannot write off discounts on your taxes. Discounts are not considered taxable income, so they cannot be deducted on your tax return.
No
Yes, you can potentially write off a business trip on your taxes if it is necessary for your work and meets certain criteria set by the IRS.