But don't just slap 10,000 of miscellaneous expenses on your return. You need to explain that you work for company XYZ and do not get reimbursed for XYZ expenses.
More Quotes from Jackie Perlman:
I once cashed out a bunch of savings bonds in the middle of the year and forgot about them. Then I got a nice little love note from the IRS saying they'd corrected my return.Jackie Perlman
If you plan ahead and are conscious of taxes throughout the year, you'll save a lot of stress and possibly money come next April.
Jackie Perlman
The important thing to understand is there are certain things you can do. They may or may not help you. It's not something that is just totally and completely under control.
Jackie Perlman
The grandmother can't take the dependency exemption if the mother claims the child for the Earned-Income Tax Credit any longer under the new rules.
Jackie Perlman
If you're weary of the stock market you can still save in a 401(k). Just choose a more conservative option. Some plans will even let you allocate to a money market fund.
Jackie Perlman
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