Archive for 'Taxes' Category
Don’t Forget to Deduct Your Sales Taxes
8 November 2006Don’t Mess With Taxes has a post that you’ll be interested if you live in a state without an income tax (Texas, Washington, Alaska, Florida, South Dakota, Wyoming, and Nevada). It points out that the IRS is reviving an old deduction for people who pay sales tax, so it will apply to your 2006 returns. [...]
What kinds of interest are deductable on your taxes?
15 August 2006SmartMoney has an article answering this important question. The short answer: you can deduct interest on your first home, a second home, student loans, and loans for many investment or business purposes. Keep in mind that there is a long answer for each of these that is generally much more complicated - we’re talking about [...]