This is a guest article written by Michael Dolen, the president of Credit Card Forum. During this time every year, I always get asked by a good number of visitors on my site about the taxability of credit card rewards. First of all, let me say upfront that I’m just an average Joe (not a [...]
Posts tagged income taxes
Will Credit Card Rewards Soon Be Taxable?
Itemizing deductions – Schedule A
Getting the Most out of Itemizing your deductions. Itemizing deductions is an incredibly easy theory to understand, yet the strategies behind it all can be intricate and countless. Free Quicken Online automatically categorizes your expenses. The rule for when to itemize is simple = you do it if the total of your itemized deductions is greater than [...]