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How One Woman Went to Tax Court and Won Deduction

A Maryland nurse accomplished two rare feats in her battle with the Internal Revenue Service: She defended herself against the agency’s lawyers and won, and she got a ruling that could help tens of thousands of students deduct the cost of an M.B.A. degree on their taxes.

There are many changes.

There are many good old tax provisions “expiring”.

There are more messy provisions that are pumping up an artificially suffering economy – i.e. we spend ourselves into a corner …. just push more credits and use a shuffling of deductions to drag it out, confuse us more, give artificial hope, and delay the inevitable. Is this ever really helpful ???

I’ll post synopsis info until I get a better handle on the whole mess:

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The Most-Overlooked Tax Deductions

Who knows how many people forgot -- or never knew about -- a deduction that could save them money?

TAX BREAKS

FAQs on the Home Buyer
 Tax Credits

We have the answers on the money available, whether you're a first-time buyer or looking to move.