deductions

Beginning July 1st, working residents in WA will notice a little dip in their paychecks. Long-term care tax will take $.58 cents out of every $100 earned More commonly known as The WA Cares Fund, this insurance intended to address what supporters say are coverage issues for older citizens, including those who may require extended care at or near retirement age. ...

One of the few joys of tax preparation is making deductions and watching your bill from Uncle Sam get lower and lower. After the jump, check the list of five expenses that might be tempting to deduct, but are strictly forbidden by the IRS.