EP. 30 Don’t Take The Towel Off

Some Ideas For Tax Deductions/ Write-Offs (Consult Your Tax Advisor)

  • 1. Earned income tax credit
  • Lifetime learning credit
  • American Opportunity Tax Credit
  • Child and Dependent Care Credit 
  • Saver’s Credit
  • Child Tax Credit
  • Adoption Tax Credit
  • Medical and Dental Expenses
  • Residential Energy Credit
  • Student Loan Interest Deduction
  • Health Savings Account Contribution
  • Charitable Contribution Deductions

Don’t forget to also review:

Topic No. 511 Business Travel Expenses

Please Note:

Tax Law Changes Business Expensing

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