Posts tagged ‘tax credits’

How to legally lower your federal income tax bill. Here are a number of the typical deductions that you want to make sure your tax preparer knows about so you get the federal income tax deduction.

It’s tax season AGAIN, and you should be looking for those tax deductions that can legally lower you tax bill.
Here are some of the typical deductions that you want to make sure your tax preparer knows about so you get the write-off.
2007 Mileage Deductions
Business Mileage 48.5-cents per mile
Charitable Work Mileage 14-cents per mile
Medical & Moving [...]

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