The IRS added bicycle commuting reimbursement to the transportation benefits for this year- that means you could receive $20/month from your employer if you ride your bike to work at least 3 days a week!
Calling home on your work cellphone might become more of a hassle soon… the IRS has proposed several options… some of which would require you to document your personal phone calls and be responsible for paying income tax on that luxury that we don’t think twice about. http://money.cnn.com/2009/06/12/technology/irs_cellphones/index.htm?section=money_topstories
Buying a new car? You could be eligible for a tax break even if you are from Delaware. The Obama Administration announced yesterday that for states without sales tax, the document fee for registering a title on your new car will be tax deductible. To qualify, there are some income requirements and the car must be purchased [...]
