Tax & Business Services

John F Howes CPA




Posts Tagged With: Tax deduction

Significant 2009 Tax Break for Purchase of a New Vehicle

» by March 31st, 2009 at 11:34 am » Comments (1)

[caption id="" align="alignright" width="202" caption="Compressed Air Car Image via Wikipedia"][/caption] The IRS just announced the new "above the line" tax deduction for the sales tax on the purchase of a NEW ...more »

New Property Tax Deduction for Non-itemizers

» by October 13th, 2008 at 12:46 pm » Comments (10)

Effective for the tax year 2008 (and now 2009 with the bailout bill), taxpayers who normally do not itemize deductions because their mortgage interest and other deductions do not exceed ...more »

Donations and Tax-Exempt Organizations

» by May 6th, 2008 at 12:43 pm » Comments (1)

The IRS recently released these guidelines concerning charitable contributions and tax-exempt organizations. The rules are being tightened up for deductions and filings from tax-exempt entities. Donations and Tax-Exempt Organizations Taxpayers who ...more »
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