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IRS: Going green could help taxpayers qualify for expanded home energy tax credits
WASHINGTON — The Internal Revenue Service reminds taxpayers that making certain energy efficient updates to their homes could qualify them for home energy tax credits.
The credit amounts and types of qualifying expenses were expanded by…
2021 Tax Breaks for Self-Employed Business Vehicles
The new 2022 car and truck models will be in dealership showrooms soon. If you’re in the market for a vehicle for your self-employed business, don’t forget to factor taxes into the equation.
Starting point: Generally, you can claim deductions…