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Fender Bender
Today TaxMama hears from Ken who asks. “My wife was in a small fender bender that we did not report to the insurance company. We paid for the repair ourselves ($2000). Is this deductible on my tax...
View ArticleTop Ten Tips for Taxpayers Deducting Casualty and Theft Losses
Courtesy of the IRS Taxpayers who find themselves the victim of a natural disaster or theft this summer should know the rules for deducting their casualty losses next year when they file their federal...
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