Don’t Miss Important Tax Deductions

Should you itemize your deductions or to use the standard deduction? E & K Tax Service can help you decide. Sometimes the standard deduction will get you the best refund, but don’t miss out on a bigger refund using itemized deductions if you qualify.

Some area of expenses, taxes, and contributions that may be deductible as Itemized Deductions are:

  • Medical and Dental Expenses above certain limits
  • Deductible Taxes including sales taxes, property taxes, and qualified automobile taxes.
  • Home Mortgage Points associated with buying a home
  • Interest Expense like home mortgage interest
  • Charitable Contributions including gifts to your church or synagogue
  • Miscellaneous Expenses
  • Business Use of Home
  • Business Use of Car Topic
  • Business Travel Expenses
  • Business Entertainment Expenses
  • Educational Expenses
  • Employee Business Expenses
  • Casualty, Disaster, and Theft Losses (Including Federally Declared Disaster Areas)