Trump also proposed several new key tax initiatives, such as removing the current $10,000 limit on the state and local tax (SALT) deduction, eliminating taxes on Social Security and tip income, and ...
Self-employed individuals (full time or part time ... For instance, in New Jersey, taxpayers can deduct the cost of medical expenses exceeding 2% of their adjusted gross income. On federal tax forms, ...
Take the recent case of an Ontario taxpayer, decided in late October, who went to Tax Court earlier this year to challenge an assessment he received from the Canada Revenue Agency which disallowed the ...
Using the equity in your primary residence as collateral, a home equity loan can be taken out and used to finance the purchase of your dream vacation home.