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10 Work-related Tax Benefits


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The IRS Wealth Squad: The Super-rich's Worst Nightmare

The IRS Wealth Squad: The Super-rich's Worst Nightmare

The Wealth Squad is a special arm of the IRS that focuses on making sure "high wealth individuals" are paying their taxes. All of them.


Author's Note: 10 Work-related Tax Benefits

One final benefit the IRS offers low-income workers is free e-filing for your federal return. It's a benefit I had no idea existed until doing the research for this list, but it's a great one if your income is under $58,000. Check out FreeFile, as it's something the IRS seems to have gotten very right.

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Sources

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  • Internal Revenue Service (IRS). "Business Taxes." Sept. 3, 2014. (Oct. 26, 2014) http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Business-Taxes#self
  • Internal Revenue Service (IRS). "Topic 513: Educational Expenses." Aug. 19, 2014. (Oct. 26, 2014) http://www.irs.gov/taxtopics/tc513.html
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  • Internal Revenue Service (IRS). "Simplified Option for Home Office Deduction." Aug. 19, 2014. (Oct. 14, 2014) http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Simplified-Option-for-Home-Office-Deduction
  • Internal Revenue Service (IRS). "Topic 508 - Miscellaneous Expenses." Aug. 19, 2014. (Oct. 31, 2014) http://www.irs.gov/taxtopics/tc508.html
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  • Internal Revenue Service (IRS). "Traditional IRAs." (Oct. 26, 2014) http://www.irs.gov/publications/p590/ch01.html#d0e960

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