What income is not taxable?

Here are the most common sources. Child support payments Gifts, bequests and inheritances Welfare benefits Cash rebates from a dealer/manufacturer Money paid on your behalf to a medical facility or school Scholarships Interest on bonds Borrowed money from banks or...

Are You Self Employed?

Are you Self Employed ?  Here are a few tips that may reduce your Taxable Income.  Are you paying for health insurance? Dental? Long-term care? If you are self-employed, you may be able to deduct 100% of the cost of the premiums as an ‘above the line’ deduction....