91. Confusion over how electronic transactions work, how much actually goes to charity, and who, if anyone, might claim a tax deduction, is not helping. 92. Dallas accountant James Hopson tells of the local housepainter who always counted on a hefty tax deduction for the office space he had set aside in his home. 93. Does the value of this ticket qualify as a tax deduction? 94. Donations made through Helping.org are fully tax deductible because every charity in its database qualifies under IRS rules for tax deductions. 95. Do you want fries with that tax deduction? 96. Employers would claim larger tax deductions for the cost of such insurance. 97. Equity, or ownership interest, is often disguised as debt to generate the tax deductions that issuers of debt can claim on interest they pay. 98. Even with the tax deduction that companies receive for cash deals that often entail significant borrowing, companies find it cheaper to finance their purchase with equity. 99. Employee health benefits are not counted as taxable income to employees, and employers may take tax deductions for the cost. 100. --Expand the tax deduction for people who work from their homes. |