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Thursday, February 23, 2012

Tax Write Offs You Might Have Overlooked

Paul Vazquez, executive at Keycode.com and father of four, is an expert on saving money. There are plenty of great tips on how to save during tax time and what write offs you might have overlooked. Below are just a few.

Magazines and TV
Self-employment lends itself to plenty of write offs…. as long as you're incurring these expenses exclusively for work. If you are a interior designer, you can write off your magazine subscriptions and cable bills because you need to keep an eye on new home trends for ideas.

Mileage and Gas for Charity Work
As many people realize by now, you can deduct the volunteer work you do for charity. But some people don’t think about the fact that they can deduct expenses related to that work. Remember to take the standard mileage deduction or itemize your gas costs.

Online Tax Services
There are promo codes and coupons out there for just about anything, if you look, and online tax services are no exception. If you are a candidate to use an online tax service, you can find considerable discounts on sites like Keycode.com. In addition, you can also write-off tax services.

Vacations for the Unemployed
If you're looking for a job and land some interviews in New York City, the IRS doesn't care if you buy tickets to a Broadway show. Just limit your deductions to reasonable expenses related to your trip including your plane ticket and hotel reservations.



All opinions expressed in this review are my own and not influenced in any way by the company.  Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer or provider. Please refer to this site's Disclaimer  for more information. I have been compensated or given a product free of charge, but that does not impact my views or opinions.

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