Tax Shelters – Tax Deduction And Credits You May Qualify For
There are many tax deductions and credits available to taxpayers who have a family and/or a business. Listed on the side panel are just some of the many ways. I urge you to consider obtaining more detailed and current information on any of the topics. If you would like to consult with us concerning any tax matters, please don’t hesitate to give us a call.
Tax Shelters From Your Family
There are many ways to lower your taxes from dependency deductions, employing your kids, etc. I urge you to consider how each one may benefit you.
Tax Shelters From Your Business
The IRS has publications for many types of businesses that help with income tax reporting. The following is a list of many of them. They can help you with deductions that go beyond just your business. This is taken directly from the IRS web site.
| Publication Number | Title | Revision Date or Tax Year |
|---|---|---|
| Publication 1 |
Publication 1 (12/1998), Your Rights as a Taxpayer | 12/1998 |
| Publication 3 html pdf |
Publication 3 (2009), Armed Forces’ Tax Guide | 2009 |
| Publication 15 html pdf |
Publication 15 (2010), (Circular E), Employer’s Tax Guide | 2010 |
| Publication 15-A html pdf |
Publication 15-A (2010), Employer’s Supplemental Tax Guide | 2010 |
| Publication 15-B html pdf |
Publication 15-B (2010), Employer’s Tax Guide to Fringe Benefits | 2010 |
| Publication 15-T html pdf |
Publication 15-T (03/2009), New Wage Withholding and Advance Earned Income Credit Payment Tables | 2009 |
| Publication 17 html pdf |
Publication 17 (2009), Your Federal Income Tax | 2009 |
| Publication 17(SP) html pdf |
Publication 17(SP) (2009), El Impuesto Federal sobre los Ingresos | 2009 |
| Publication 51 html pdf |
Publication 51 (2010), (Circular A), Agricultural Employer’s Tax Guide | 2010 |
| Publication 54 html pdf |
Publication 54 (2009), Tax Guide for U.S. Citizens and Resident Aliens Abroad | 2009 |
| Publication 80 html pdf |
Publication 80 (2010), (Circular SS), | 2010 |
| Publication 179 html pdf |
Publication 179 (2010), (Circular PR), | 2010 |
| Publication 225 html pdf |
Publication 225 (2009), Farmer’s Tax Guide | 2009 |
| Publication 334 html pdf |
Publication 334 (2009), Tax Guide for Small Business | 2009 |
| Publication 463 html pdf |
Publication 463 (2009), Travel, Entertainment, Gift, and Car Expenses | 2009 |
| Publication 501 html pdf |
Publication 501 (2009), Exemptions, Standard Deduction, and Filing Information | 2009 |
| Publication 502 html pdf |
Publication 502 (2009), Medical and Dental Expenses | 2009 |
| Publication 503 html pdf |
Publication 503 (2009), Child and Dependent Care Expenses | 2009 |
| Publication 504 html pdf |
Publication 504 (2009), Divorced or Separated Individuals | 2009 |
| Publication 505 html pdf |
Publication 505 (01/2010), Tax Withholding and Estimated Tax | 2010 |
| Publication 509 html pdf |
Publication 509 (2010), Tax Calendars | 2010 |
| Publication 510 html pdf |
Publication 510 (04/2009), Excise Taxes | 2009 |
| Publication 513 html |
Publication 513 (03/2010), Tax Information for Visitors to the United States | 2010 |
| Publication 514 html pdf |
Publication 514 (2009), Foreign Tax Credit for Individuals | 2009 |
| Publication 515 html pdf |
Publication 515 (2010), Withholding of Tax on Nonresident Aliens and Foreign Entities | 2010 |
| Publication 516 html pdf |
Publication 516 (02/2010), U.S. Government Civilian Employees Stationed Abroad | 2010 |
| Publication 517 html pdf |
Publication 517 (2009), Social Security and Other Information for Members of the Clergy and Religious Workers | 2009 |
| Publication 519 html pdf |
Publication 519 (2009), U.S. Tax Guide for Aliens | 2009 |
| Publication 521 html pdf |
Publication 521 (2009), Moving Expenses | 2009 |
| Publication 523 html pdf |
Publication 523 (2009), Selling Your Home | 2009 |
| Publication 524 html pdf |
Publication 524 (2009), Credit for the Elderly or the Disabled | 2009 |
| Publication 525 html pdf |
Publication 525 (2009), Taxable and Nontaxable Income | 2009 |
| Publication 526 html pdf |
Publication 526 (2009), Charitable Contributions | 2009 |
| Publication 527 html pdf |
Publication 527 (2009), Residential Rental Property | 2009 |
| Publication 529 html pdf |
Publication 529 (2009), Miscellaneous Deductions | 2009 |
| Publication 530 html pdf |
Publication 530 (2009), Tax Information for Homeowners | 2009 |
| Publication 531 html pdf |
Publication 531 (2009), Reporting Tip Income | 2009 |
| Publication 534 html pdf |
Publication 534 (11/1995), Depreciating Property Placed in Service Before 1987 | 11/1995 |
| Publication 535 html pdf |
Publication 535 (2009), Business Expenses | 2009 |
| Publication 536 html pdf |
Publication 536 (2009), Net Operating Losses (NOLs) for Individuals, Estates, and Trusts | 2009 |
| Publication 537 html pdf |
Publication 537 (2009), Installment Sales | 2009 |
| Publication 538 html pdf |
Publication 538 (3/2008), Accounting Periods and Methods | 3/2008 |
| Publication 541 html pdf |
Publication 541 (04/2008), Partnerships | 2008 |
| Publication 542 html pdf |
Publication 542 (2/2006), Corporations | 2/2006 |
| Publication 544 html pdf |
Publication 544 (2009), Sales and Other Dispositions of Assets | 2009 |
| Publication 547 html pdf |
Publication 547 (2009), Casualties, Disasters, and Thefts | 2009 |
| Publication 547(SP) html pdf |
Publication 547(SP) (2008), Hechos Fortuitos, Desastres y Robos | 2008 |
| Publication 550 html pdf |
Publication 550 (2009), Investment Income and Expenses | 2009 |
| Publication 551 html pdf |
Publication 551 (5/2002), Basis of Assets | 5/2002 |
| Publication 552 html pdf |
Publication 552 (02/2010), Recordkeeping for Individuals | 2010 |
| Publication 553 html pdf |
Publication 553 (06/2009), Highlights of 2008 Tax Changes | 2009 |
| Publication 554 html pdf |
Publication 554 (2009), Tax Guide for Seniors | 2009 |
| Publication 555 html pdf |
Publication 555 (5/2007), Community Property | 5/2007 |
| Publication 556 html pdf |
Publication 556 (5/2008), Examination of Returns, Appeal Rights, and Claims for Refund | 5/2008 |
| Publication 557 html pdf |
Publication 557 (06/2008), Tax-Exempt Status for Your Organization | 06/2008 |
| Publication 559 html pdf |
Publication 559 (2009), Survivors, Executors, and Administrators | 2009 |
| Publication 560 html pdf |
Publication 560 (2009), Retirement Plans for Small Business | 2009 |
| Publication 561 html pdf |
Publication 561 (4/2007), Determining the Value of Donated Property | 4/2007 |
| Publication 570 html pdf |
Publication 570 (2009), Tax Guide for Individuals With Income From U.S. Possessions | 2009 |
| Publication 571 html pdf |
Publication 571 (12/2009), Tax-Sheltered Annuity Plans (403(b) Plans) | 2009 |
| Publication 575 html pdf |
Publication 575 (2009), Pension and Annuity Income | 2009 |
| Publicación 579(SP) html pdf |
Publicación 579(SP) (2007), Cómo Preparar la Declaración de Impuesto Federal | 2007 |
| Publication 583 html pdf |
Publication 583 (1/2007), Starting a Business and Keeping Records | 1/2007 |
| Publication 584 html pdf |
Publication 584 (12/2008), Casualty, Disaster, and Theft Loss Workbook | 2008 |
| Publication 584-B html pdf |
Publication 584-B (12/2008), Business Casualty, Disaster, and Theft Loss Workbook | 2008 |
| Publicación 584SP html pdf |
Publicación 584SP (4/2008), Registro de Pérdidas por Hechos Fortuitos (Imprevistos), Desastres y Robos (Propiedad de Uso Personal) | 4/2008 |
| Publication 587 html pdf |
Publication 587 (2009), Business Use of Your Home | 2009 |
| Publication 590 html pdf |
Publication 590 (2009), Individual Retirement Arrangements (IRAs) | 2009 |
| Publication 593 html pdf |
Publication 593 (12/2008), Tax Highlights for U.S. Citizens and Residents Going Abroad | 2008 |
| Publication 595 html pdf |
Publication 595 (2/2006), Capital Construction Fund for Commercial Fishermen | 2/2006 |
| Publication 596 html pdf |
Publication 596 (2009), Earned Income Credit (EIC) | 2009 |
| Publication 596SP html pdf |
Publication 596SP (2009), Crédito por Ingreso del Trabajo | 2009 |
| Publication 597 html pdf |
Publication 597 (08/2009), Information on the United States—Canada Income Tax Treaty | 2009 |
| Publication 598 html pdf |
Publication 598 (03/2010), Tax on Unrelated Business Income of Exempt Organizations | 2010 |
| Publication 600 html pdf |
Publication 600 (2006), State and Local General Sales Taxes | 2006 |
| Publication 721 html pdf |
Publication 721 (2009), Tax Guide to U.S. Civil Service Retirement Benefits | 2009 |
| Publicación 850 html pdf |
Publicación 850 (12/2003), English-Spanish Glossary of Words and Phrases | 12/2003 |
| Publication 901 html pdf |
Publication 901 (2010), U.S. Tax Treaties | 2010 |
| Publication 907 html pdf |
Publication 907 (2009), Tax Highlights for Persons with Disabilities | 2009 |
| Publication 908 html pdf |
Publication 908 (03/2009), Bankruptcy Tax Guide | 2009 |
| Publication 915 html pdf |
Publication 915 (2009), Social Security and Equivalent Railroad Retirement Benefits | 2009 |
| Publication 919 html pdf |
Publication 919 (2010), How Do I Adjust My Tax Withholding? | 2010 |
| Publication 925 html pdf |
Publication 925 (2009), Passive Activity and At-Risk Rules | 2009 |
| Publication 926 html pdf |
Publication 926 (2010), Household Employer’s Tax Guide | 2010 |
| Publication 929 html pdf |
Publication 929 (2009), Tax Rules for Children and Dependents | 2009 |
| Publication 936 html pdf |
Publication 936 (2009), Home Mortgage Interest Deduction | 2009 |
| Publication 938 html pdf |
Publication 938 (03/2010), Real Estate Mortgage Investment Conduits (REMICs) Reporting Information | 2010 |
| Publication 939 html pdf |
Publication 939 (04/2003), General Rule for Pensions and Annuities | 04/2003 |
| Publication 946 html pdf |
Publication 946 (2009), How To Depreciate Property | 2009 |
| Publication 947 html pdf |
Publication 947 (04/2009), Practice Before the IRS and Power of Attorney | 2009 |
| Publication 950 html pdf |
Publication 950 (12/2009), Introduction to Estate and Gift Taxes | 2009 |
| Publication 957 html pdf |
Publication 957 (05/2010), Reporting Back Pay and Special Wage Payments to the Social Security Administration | 2010 |
| Publication 967 |
Publication 967 (2009), The IRS Will Figure Your Tax | 2009 |
| Publication 969 html pdf |
Publication 969 (2009), Health Savings Accounts and Other Tax-Favored Health Plans | 2009 |
| Publication 970 html pdf |
Publication 970 (2009), Tax Benefits for Education | 2009 |
| Publication 971 html pdf |
Publication 971 (4/2008), Innocent Spouse Relief | 4/2008 |
| Publication 972 html pdf |
Publication 972 (2009), Child Tax Credit | 2009 |
| Publication 1212 html pdf |
Publication 1212 (03/2010), Guide to Original Issue Discount (OID) Instruments | 2010 |
| Publication 1542 html pdf |
Publication 1542 (04/2010), Per Diem Rates | 2010 |
| Publication 1544 html pdf |
Publication 1544 (03/2009), Reporting Cash Payments of Over $10,000 | 2009 |
| Publication 1544(SP) html pdf |
Publication 1544(SP) (05/2009), Informe de Pagos en Efectivo en Exceso de $10,000 | 2009 |
| Publication 3402 html pdf |
Publication 3402 (2010), Taxation of Limited Liability Companies | 2010 |
| Publication 3920 html pdf |
Publication 3920 (2/2002), Tax Relief for Victims of Terrorist Attacks | 2/2002 |
| Publication 3991 html pdf |
Publication 3991 (5/2002), Highlights of the Job Creation and Worker Assistance Act of 2002 | 5/2002 |
| Publication 4492 html pdf |
Publication 4492 (1/2006), Information for Taxpayers Affected by Hurricanes Katrina, Rita, and Wilma | 1/2006 |
| Publication 4492-A html pdf |
Publication 4492-A (7/2008), Information for Taxpayers Affected by the May 4, 2007, Kansas Storms and Tornadoes | 7/2008 |
| Publication 4492-B html pdf |
Publication 4492-B (01/2010), Information for Affected Taxpayers in the Midwestern Disaster Areas | 2010 |
| Publicación 4492(SP) html pdf |
Publicación 4492(SP) (3/2006), Información para los Contribuyentes Afectados por los Huracanes Katrina, Rita y Wilma | 3/2006 |
| Publication 4681 html pdf |
Publication 4681 (2009), Canceled Debts, Foreclosures, Repossessions, and Abandonments | 2009 |
Tax shelters brought to you from Joe Mastriano, CPA. The Killer IRS CPA with over 30 years of experience to resolve your tax issues. Contact us today for assistance!
