Tax season is almost up, the dealine to file is April 18th and quickly approaching. There are alot of things that many people don't know about filing taxes or deductions. Every profession has different deductions, but here are a few examples:
Construction Workers
Uniforms (cannot be able to be worn as street cloathes)
Speacialized headgear (IE Hardhats)
Safety Boots (IE Steel toed boots)
Rain Gear
Gloves
Safety Glasses
Coveralls
Cloathing repair
Union Dues
Liability insurance
License fees
Legal and professional fees
Memberships
Publications
Job Seeeking expenses
Cost of meals and lodging while away from home
Mileage
Cell Phone
Fax
Pager
Internet
Voicemail
Travel Cards
2nd phone line in home
Small Tools
Power Tools
Compressors
Generators
Camera
Storage
Ladders
Portable Lights
Fans/Heaters
Vacume Cleaners
Tool bags/boxes
First Aide Kits
Repair to Tools
Truck Driver
Uniforms
Speacialized underware
safety or black ice boots
rain gear
safety gloves
safety glasses
coveralls
alterations
clothing repair, sewing kit
union dues, trade ass. fees
business inssurance, security bonds
licenses, permits
legal/professional fees
magazines/publications
safety training
annual DOT physical
lap desk/laptop/pc
pens/pencils/paper
stapler/staples/hole punch
log book and accessories
money orders/wire charges
camera/film/degital supplies
calculator, supplies
copy fees
truck/trailer storage
towing/parking
truck interest
truck funigation/wash
lumpers
truck/trailer license
gas/lube/oil/parts/service
Cell/long distance
voice mail/fax
CB, antenna, rapairs
power cords, boosters
satelite tracking service
travel cards
airfreshners, dissenfectants
hand cleaner, soap, detergent
alarm clock, travel iron
pillows, sheets, towels
TV, vcr, refrigerator, radio
bunk heater, fan
map atlas
flashlight, batetries
key, locks, security kits
cleaners, wd40
vacume, broom, dustpan
bug spray, flu swatter
trash bags, paper towels
curtains, window screens
seat covers, shift grip, floor mats
salt for ice, de-icer
load locks, cables, tie downs
hammer, crowbar, other tools
buffer and supplies
duct tape, sand
shelving
storage containers
first aide kits
back supports
fire extenguishers/flaires
seat cushions
Day Care Professional
Advertising
Books, magazines
business cards
bank charges
child proofing
client gifts
food, snacks
Insurance: Bonds
Insurance: Business
Insurance: Liability
payroll wages
payroll wages-your child
payroll taxes
office expense
professional fees: legal, tax prep
rapairs, replacements
Supply: art, cleaning, party
Telephone: cell, business, pager
tickets, fees, field trips
toys
video rental/purchase
car seats
cribs
high chairs
riding equipment
swings/slides
sand box, sand
playstation, xbox, nintendo, video game system
computer equipment
dishwasher
dryer
fencing
fridge
TV
vcr/dvd player
washer,dryer
total mileage of vehicle
total daycare mileage
lease vehicle cost
interest on vehicle
insurance on vehicle
license plates for vehicle
converstions
total sq feet of home
business sq feet
business hours
home mortgage interest
propert taxes
hazard insurance
rents
cleaning service
maintence and repairs
utilities: cable, electric, gas, sewer, water, trash
pool service, gardener
telephone: home
Please keep in mind these are only example of what you can deduct and some of them are only partially deductable. Like your cell phone. If you only use it part time for business and part for personal you can only deduct the portion that is used for business. Same goes for your home (IE utilities, morgage, rent). These helpful tips were brought to you by a tax professional. If you need a good tax place, check into Jackson Hewitt. Every one of their employees goes through extensive training and is CTECH certified and registered with the IRS. Not all places follow the tax laws when it comes to hiring certified tax professional but Jackson Hewitt does. They're also up to date on all the current tax laws. Remember you need a tax preparer that will not only file your taxes but do it correctly. Deadline to file your taxes are April 18th!!
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