#TaxReturnTips
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Top 4 Mistakes Everyone Makes When Filing Their Taxes
#TaxFilingMistakes#TaxTips2024#AvoidTaxErrors#PersonalFinanceAdvice#TaxSeason2024#IncomeTaxMistakes#FinancialPlanning#TaxReturnTips#MoneyManagement#Youtube
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What are work-related travel expenses? If you incur any travel related expense that directly relates to your specific job function, you may be eligible to claim a deduction. Depending on your circumstances and provided you have the necessary documentation, you can claim the cost of transport and incidentals, and, if you were away overnight, even meals! What types of work travel expenses qualify? Travel expenses you can claim on your tax return under item D2 can include: •Accommodation •Incidental expenses •Air, bus, train and taxi fares •Bridge and road tolls •Parking fees •Car hire charges •Meals (if your travel included an overnight stay) Do you have any thoughts on claiming travel expenses on your tax return? Email us on [email protected] #topaccountants #bookeeping #taxreturntips #traveltaxdeduction (at Top Accountants)
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#BehindTheWheelWednedsay - #TaxReturnTips
We've shared quite a few tips on how to best use your tax return for purchasing a new car.
fater considering all these options, you decide to buy a new car, remember that all the rules of smart car shopping still apply.
One last piece of advice: Don't simply walk on the car lot carrying your cash or IRS refund check, ready to be signed over. -That's just silly.
Have a plan that best fits your needs, lifestyle and budget.
Instead, tuck your check in the bank and decide ahead of time whether to lease, buy new or buy used.
Only by planning ahead and applying sound advice to car buying can you make the most of your refund and save money in the long run.
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What are work-related travel expenses? If you incur any travel related expense that directly relates to your specific job function, you may be eligible to claim a deduction. Depending on your circumstances and provided you have the necessary documentation, you can claim the cost of transport and incidentals, and, if you were away overnight, even meals! What types of work travel expenses qualify? Travel expenses you can claim on your tax return under item D2 can include: •Accommodation •Incidental expenses •Air, bus, train and taxi fares •Bridge and road tolls •Parking fees •Car hire charges •Meals (if your travel included an overnight stay) Do you have any thoughts on claiming travel expenses on your tax return? Email us on [email protected] #topaccountants #bookeeping #taxreturntips #traveltaxdeduction (at Top Accountants)
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