Two things are certain in life, death and taxes. It can be difficult to keep track of the various taxes. At least with this particular tax, it should benefit your local community.
Per Capita Tax may sound like a complex tax, but it’s a fairly straightforward tax considering.
Are you ever confused when your tax advisor says “take this exemption” or “let’s use this deduction?”
Don’t worry, you are not alone.
Most tax payers are not aware of the difference between a tax exemption and a tax deduction. I take pride in teaching you how to achieve financial peace in many different ways and this is one topic I’d love to explain to you.
Now let’s break down the difference between a tax exemption and a tax deduction!
Many people wonder, is there an inheritance tax in Florida? In other words, do you owe taxes on the money you inherit when a loved one passes?
The good news is Florida is a great state to live in for the wealthy (or anyone for that matter) as there are no inheritance taxes or income taxes, but there are still factors anyone living in Florida should know when setting up their estate.
Did you get that infamous statement: Federal Tax due now?
When April 15th comes around, you can feel a tinge of anxiety in the air. That’s because there are tens of millions of people who will owe money to the IRS. Now, this is the funny thing about the Internal Revenue Service – they tend to be pretty persistent about wanting their money.
So, you really need to know what the term “Federal Tax Due” means. Knowing this term can keep you in the good graces of the IRS for at least the next 12 months.
Knowing if your Lasik surgery is tax deductible is just the first question to ask yourself.
There’s quite a bit of complexity when it comes to elective medical procedures, especially with insurance. These operations can often cost a lot out of pocket, so taking advantage of potential savings and recuperation is important.
Lasik surgery is an extremely useful procedure that can eliminate the need for glasses or contacts. This in itself can save quite a bit of money over time, but it may be able to reduce your tax burden as well.
So is Lasik tax deductible?
