If you went to school last year, you may qualify for the education credit; either the American Opportunity Credit or the Lifetime Learning Credit, which can save you money on your taxes. See this IRS tip sheet on the Education Credits:http://www.irs.gov/newsroom/article/0,,id=254740,00.htmlAny questions? Call me at 818-317-6035 or email me at bstonercpa@sbcglobal.net and we can discuss them.You can count on us to count for you!
Brian’s Tax Musings – 12 Tax Scams to Watch Out For
The Orange County Register has printed the 12 biggest tax scams to watch out for:http://www.ocregister.com/articles/people-341619-tax-irs.html?pic=2It’s a gppd idea to not get caught on the wrong end of any of these!You can count on us to count for you!
Brian’s Tax Musings – Office in the Home or Not?
If you work from home, you or your business (if self employed) may qualify for the home office deduction. There may be an increased risk of audit, so document everything you deduct and how you calculate it. Call me at 818-317-6035 or email me at bstonercpa@sbcglobal.net if you want more information.You can count on us to count for you!