Employee Business Expenses

If you itemized deductions and are an employee, you may be able to deduct certain work-related expenses. Expenses that qualify for an itemized deduction include: Business travel away from home Business use of car Business meals and entertainment Travel Use of your home Education Supplies Tools Miscellaneous expenses You must keep records to prove the business expenses […]

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Eight Facts to Help Determine Your Correct Filing Status

Your Filing Status Determining your filing status is one of the first steps to filing your federal income tax return. There are five filing statuses: Single, Married Filing Jointly, Married Filing Separately, Head of Household and Qualifying Widow(er) with Dependent Child. Your filing status is used to determine your filing requirements, standard deduction, eligibility for […]

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