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Can I deduct IRA contributions on my taxes? 2024 Update

Wondering if you can deduct your IRA contributions on your 2024 taxes? This blog breaks down the rules, income limits, and common scenarios to help you determine your eligibility. Whether you're singl... ...more

Deductions ,Taxes &Credits

March 25, 2025•3 min read

Can I deduct IRA contributions on my taxes? 2024 Update

Deduct Solar Panels on my Rental?

Rental property owners can claim the business energy credit (IRC §48) for solar panel installations, offering a 30% tax credit under the Inflation Reduction Act of 2022. Unlike residential properties,... ...more

Deductions ,Taxes &Credits

January 28, 2025•3 min read

Deduct Solar Panels on my Main Residence?

Investing in solar panels can significantly reduce energy costs, and the good news is there are substantial tax incentives for both residential and business installations. Homeowners, like Larry, can ... ...more

Deductions ,Taxes &Credits

January 20, 2025•2 min read

Deduct Solar Panels on my Main Residence?

Deduct Off-Campus Housing?

There are education credits available for tuition and fees for higher education. But where do you live? On-campus? Off-campus? Can you claim housing and food expenses for a credit or deduction? Does i... ...more

Deductions ,Taxes &Credits

September 23, 2024•5 min read

Tax Breaks for Graduate Students?

You’ve made it through your undergrad degree. Along the way you had tax savings for your schooling expenses. Now you want to go on for an advanced degree. Are there any tax break for Graduate Students... ...more

Taxes ,Credits

September 03, 2024•4 min read