Teachers

Teachers – Out of Pocket Classroom Expenses Are Tax Deductible Teachers and other educators can deduct up to $300 of out-of-pocket classroom expenses for 2023 when it comes time to file their federal income tax return. An eligible educator can deduct up to $300 of...

Social Security

Getting Close to Collecting Social Security? Here’s some things to consider. 1) Distributions from your IRA or pension will affect how your social security is taxed. Single taxpayers receiving social security can pay tax on as much as 85% of their social security if...