College Textbooks Tax Write Off

Can I use my textbooks that I use for college as a tax write off?
I am well aware of the Hope Credit, but the wording under the Hope Credit says that it can be used for tuition and related expenses. Can anyone help me out on this matter, I’m trying to use every tax [...]

Read the rest »

Tax Write Off Benefits of Donating Property

I am a pastor of a small church who is having service in an old building. The owner is an incredibly nice guy who is considering donating the property to the church. He has also been donating other properties already. I want to know, if the owner of that building would give us the property, [...]

Read the rest »

Are Strip Club Tips Tax Deductable?

I have heard that strippers do not pay taxes on tips, so shouldn’t the tipper get a tax break as well?”

Read the rest »