by Donna Swenson | Feb 21, 2011 | Individual Income Tax, Uncategorized
If you purchased a home that was under contract by April 30, 2010, chances are that you may qualify for the “First-Time Homebuyer Credit”–either as a homeowner that has not owned a home in 3 prior years or as a long-time homeowner. There are a few...
by Donna Swenson | Jan 10, 2011 | Individual Income Tax
Unreimbursed expenses that are incurred when voluteering for a qualified charitable organization AND are incurred ONLY because of the voluteer services are deductible if you are able to itemize deductions. Some expenses that may be included are 1) travel, lodging...
by Dianne Briery | Jul 13, 2010 | Individual Income Tax, Retirement Plans & IRAs
The news media is full of information pushing the availability for all taxpayers being able to convert their IRAs to a ROTH, effective January 1, 2010. Previously, both ROTH IRA conversions and contributions were limited to taxpayers with modified adjusted gross...
