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Tax Deduction for Commuting Costs

Deducting mileage for your commute is not allowed by the IRS unless you know a few commuting mileage tax deduction tricks. The IRS mileage allowance can include virtually all your commuting mileage...

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Take the Standard Deduction or Itemize?

Whether you choose to complete your tax return this year by hand, the old-fashioned way, with a multimedia interactive software package online, or by enlisting the help of a licensed tax professional,...

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Extreme Tax Deductions May Get You Audited

At the IRS, everything is about averages. The standard deduction is the average amount of deductions for your situation. Tax credits are all based on average costs and benefits of having a child or...

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