Robert Flach

Recent Articles By The Author

How to Deduct Tithing on Your Taxes

How to Deduct Tithing on Your Taxes

You can deduct as a charitable contribution on Schedule A cash or property given to a qualified tax-exempt organization "created or organized in the United States or any possession under the laws of the United States or any state or possession".

Deduct Investment Interest on Your Taxes

Deduct Investment Interest on Your Taxes

You can deduct on Schedule A interest paid on borrowings used to purchase non-business investment property that produces interest, dividends, or royalties, or will produce gain or loss when sold.

Deduct Mortgage Insurance Premiums Like a Boss

Deduct Mortgage Insurance Premiums Like a Boss

You can deduct as interest on Schedule A mortgage insurance premiums paid to the Department of Veterans Affairs (VA), the Federal Housing Administration (FHA), the Rural Housing Service, and private mortgage insurers on contracts issued after 2006.

How to Deduct Points on Your Taxes

How to Deduct Points on Your Taxes

You can deduct the total amount of points paid in full in the year paid on a mortgage used to purchase, build or substantially improve your principal residence.

Deducting Mortgage Interest: Tax Season Guide

Deducting Mortgage Interest: Tax Season Guide

You can deduct "qualified residence interest" on debt secured by a personal residence, aka mortgage interest, on Schedule A subject to certain limitations.

Deduct State and Local Sales Tax: IRS Ninja Tips

Deduct State and Local Sales Tax: IRS Ninja Tips

For 2013 you can still choose to deduct state and local sales tax instead of deducting state and local income tax. Follow these tips.

A Major, Often Overlooked Tax Deduction

A Major, Often Overlooked Tax Deduction

Most taxpayers are aware that state and local income taxes are deductible if you itemize on Schedule A. But there is another state payroll tax deduction that is often overlooked.

Deducting Real Estate Taxes: How Do You Know If You Qualify?

Deducting Real Estate Taxes: How Do You Know If You Qualify?

There are situations where taxpayers who do not hold title to the property can claim the tax and interest deductions.

Deducting Real Estate Taxes: A How-To Guide

Deducting Real Estate Taxes: A How-To Guide

You can deduct on Schedule A the municipal, school and county, and state and foreign, real estate taxes, based on the assessed value of real property, that you paid during the past year.

Whose Medical Expenses Can You Really Deduct?

Whose Medical Expenses Can You Really Deduct?

You do not need to actually claim a person as a dependent on your 2013 Form 1040 to be able to deduct medical expenses you paid for that person.