950: Friday Q&A: Reduce Taxes in Retirement, Transfer Money Abroad, Alternatives to USA, Rip-offs, etc!
Radical Personal Finance
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How to Save Tax Money by Taking Business Deductions
Most people do not itemize deductions. If you're giving enough money away, you can wipe out a good portion of your tax liability with that. There's no rule in the IRS tax code that you can't have fun while doing business. But for somebody who's teaching in a fairly conventional format, what can you do? You could deduct computer, maybe a microphone, some sort of system like that.
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