How to Deduct Job hunting Expenses?

Answer Under current tax laws, you may be able to deduct all your job-hunting expenses even for jobs you don't accept or get. For your job-hunting expenses to qualify as deductions, you must meet certain ... Read More »

Top Q&A For: How to Deduct Job hunting Expenses

What Expenses Can I Deduct as a Member of an LLC?

It is important for members of an LLC to be knowledgeable about which expenses may and may not be deducted from their yearly tax statements. Erroneously deducting items such as start-up costs may i... Read More »

How do I deduct my medical expenses?

If you could have your insurance taken out post-tax you'd still end up losing money by doing that. Yes, you could deduct some of your expenses if you are itemizing. Using your sample numbers, you... Read More »

Can I deduct tutoring expenses on taxes?

The Internal Revenue Service does not typically allow tax deductions for tutoring expenses. The only exception is if the tutor is recommended by a doctor and the tutor is a qualified and trained to... Read More »

Can i deduct college expenses on my taxes?

You can deduct up to $4,000 (as of 2010) of qualified college expenses on your taxes as an adjustment to income. Qualified expenses include tuition and required fees. However, if you claim this ded... Read More »