727·330·3500    ·    Denise Mensa-Cohen, Enrolled Agent    ·    Office Located in Clearwater, Florida
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Reduce Your Taxes with Miscellaneous Deductions

Which Moving Expenses are Deductible?

If you moved due to a change in your job or business location or because you started a new job or business, you may be able to deduct your reasonable moving expenses. Additionally, if you meet the requirements of the tax law for the deduction of moving expenses, you...
Reduce Your Taxes with Miscellaneous Deductions

Hobby or Business? Why It Matters

Millions of Americans have hobbies such as sewing, woodworking, fishing, gardening, stamp and coin collecting, but when that hobby starts to turn a profit, it might just be considered a business by the IRS. Definition of a Hobby vs. a Business The IRS defines a hobby...
Reduce Your Taxes with Miscellaneous Deductions

IRS Repeats Warning about Phone Scams

The Internal Revenue Service and the Treasury Inspector General for Tax Administration continue to hear from taxpayers who have received unsolicited calls from individuals demanding payment while fraudulently claiming to be from the IRS. Based on the 90,000 complaints...

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