What is severance tax in oil and gas?
Severance Taxes by State Thirty-four states have enacted taxes or fees on the extraction, production and sale of oil and natural gas. These “severance......
Can you pay for private hospice care?
Hospice care Hospices can provide care for anyone with a terminal illness, sometimes from the time they receive a terminal diagnosis. Hospice care is ......
Can you represent yourself as a home buyer?
Buying A Home If you represent yourself, the commission amount doesn’t change. Instead, the listing broker receives the full commission. The listing c......
How much can you deduct for gambling?
The amount of gambling losses you can deduct can never exceed the winnings you report as income. For example, if you have $5,000 in winnings but $8,00......
Which is college education expenses are tax deductible?
Reminder: Keep your documentation! Schools will provide (via mail or electronic portal) the student with a Form 1098-T , which will reflect tuition an......
