Auto Insurance Archives

Tax Tips: Reduce Taxes With Miscellaneous Deductions

September 23, 2013
David S. Chang

If you itemize your tax deductions on your tax return, you may be able to deduct certain miscellaneous expenses. Here’s what the IRS says: You can deduct most miscellaneous expenses only if they exceed two percent of your adjusted gross income. These include expenses such as:  Unreimbursed employee expenses.  Expenses related to […]

September 9, 2013
David S. Chang

Most tax professionals are honest and will file accurate returns on a client’s behalf. However, some dishonest tax preparers will defraud their clients by skimming a portion of their refund or charging inflated fees for their services. Some will attract clients by promising refunds that are too high to be true. Be careful when hiring […]

August 9, 2013
David S. Chang

Don’t miss out on potential deductions at tax time. Here are a few that are commonly overlooked: * Transportation expenses for trips to medical facilities or doctors’ offices * Nursing home medical expenses * Crutches, orthopedic shoes, etc. * Hearing aids, eyeglasses, contact lenses * Equipment for disabled individuals * Nurses’ fees

August 7, 2013
David S. Chang

From AllWomenStalk I have to tell you, I love finding new coupon apps almost as much as I love saving money on my purchases! Coupon apps are getting better with each one that is made, but what most people don’t know is how many unique ones are out there, amongst the more popular ones. Here, […]

July 31, 2013
David S. Chang

Your credit score is one of the most important numbers to manage since it determines your credit-worthiness and the likelihood you will pay back a loan. The Fair Isaac Corporation Score (FICO) is the best and most widely used credit score in the U.S. The FICO Score is based on: * 35 percent – Record […]

July 22, 2013
David S. Chang

If you travel while doing charity work, you may be able to deduct some of your travel costs. According to the IRS, here are five things you should know: 1. The charity must be an IRS-qualified tax-exempt organization. 2. You cannot deduct the value of your services, only unreimbursed travel expenses. 3. The deduction only qualifies […]

July 11, 2013
David S. Chang

Majors That Pay You Back Your choice of major can have a big impact on your post-graduation earnings and income. See PayScale’s list of college majors by salary potential. Top 10 Majors by Salary Potential Methodology Annual pay for bachelor’s graduates without higher degrees. Typical starting graduates have two years of experience; mid-career graduates have […]

July 11, 2013
David S. Chang

June 12, 2013
David S. Chang

Last week we covered the reasons for Hawaii’s high energy prices and the common methods for going solar. Please visit artof-thinkingsmart.com for more information. With more than 250 solar companies to choose from, finding the right one for you can be quite daunting. If you are interested in installing solar, here are some key things […]