Category: Taxes
Fiscal Policy
Finance KarmaDec 20, 2016
Fiscal Policy Economics can be broadly classified as Microeconomics and Macroeconomics. These have different objectives that are required to be achieved; the instruments...
Rental Property Tax Deductions
Finance KarmaDec 20, 2016
Rental Property Tax Deductions The deduction for rental property for a landlord is possible on certain grounds; however, the total amount is restricted. In case of...
Is Alimony Tax-Deductible?
Finance KarmaDec 20, 2016
Is Alimony Tax-Deductible? Alimony is an allowance that is paid by a divorced person to his/her spouse to provide financial support post divorce/legal separation. Such...
Home Business Tax Deductions
Finance KarmaDec 20, 2016
Home Business Tax Deductions Running a business from home is comparatively cheaper than renting a separate edifice and running your business from there. A spare room,...
Exemptions on Tax Return
Finance KarmaDec 20, 2016
Exemptions on Tax Return You as an individual have to pay taxes to the federal government, for the income you earn every year. So, you need to report your income by...
What do Charitable Contributions Tax Deductions Mean?
Finance KarmaDec 20, 2016
What do Charitable Contributions Tax Deductions Mean? There is no specific meaning or definition that can be used to identity a charitable contribution. When it comes to...
Sales Tax Deduction for Vehicle Purchases
Finance KarmaDec 20, 2016
Sales Tax Deduction for Vehicle Purchases The tax deduction was introduced primarily to stimulate vehicle purchases in the American economy following the fall in demand...
Itemized Deductions Vs Standard Deductions
Finance KarmaDec 20, 2016
Itemized Deductions Vs Standard Deductions The income tax department of the United States of America is known as the Internal Revenue Service. The IRS is responsible for...
Is Rent Tax Deductible?
Finance KarmaDec 20, 2016
Is Rent Tax Deductible? Tax is an important revenue that is collected by any government. In a Federal or Unitary democratic system, such as the United States of America,...
Tax Write-Offs for Individuals
Finance KarmaDec 20, 2016
Tax Write-Offs for Individuals Annual taxation is important revenue for any government, with the help of which, welfare activities are financed. The department or...
