I hear it all the time: “I paid the taxes on that and I’m not going to pay taxes on it again.” Gambling wins, retirement and 401k withdrawals, legal settlements, bonuses for selling plasma, and other payments have the taxes… Read More »“But I Already Paid the Taxes on That!” – Taxes Held Out on Payments
How to Write a Tax-Deductible Receipt for your Church or Charity Many people donate to churches and charities with the hopes of getting a tax benefit in return. Your donors are the most important thing to your organization. Without their… Read More »Tax-Deductible Receipt for your Church or Charity
“I can deduct that?” Small entrepreneurs come to me with their business expenses and deductions, and I always ask: What about this? And this? And that? Deer-in-the-headlights. And then I assign the homework of going back and finding all ‘those’… Read More »Business Expenses and Deductions
