Common Schedule C Deductions?

Answer If you're the sole proprietor of your own business, Schedule C is the form for reporting your income to the IRS and listing business expenses you're deducting from your taxes. Every deduction you f... Read More »

Top Q&A For: Common Schedule C Deductions

Common Deductions?

Understanding tax laws can help you to save a substantial sum of money. For many common expenses, you can choose to opt for a standard deduction (a flat sum), or you can itemize your deductions, cl... Read More »

Common Tax Deductions for Teachers?

Teachers commonly use personal funds in order to establish and maintain their classroom. The current tax law allows for teachers to claim up to $250 of these supplies as a deduction on their taxes.... Read More »

What are common tax deductions?

Anyone who earns income must fill out a tax return each year. A tax deduction reduces the amount of money you must pay to the Internal Revenue Service.TypesTwo types of common deductions are the st... Read More »

Common Homeowners Insurance Deductions?

If you don't understand the terms of your homeowner's insurance policy, you may be surprised to find that you do not receive as much as you expected from the insurance company when you file a claim... Read More »