J.K. Lasser's 1001 Deductions and Tax Breaks 2023: Your Complete Guide to Everything Deductible

The comprehensive handbook for American taxpayers looking for every legal tax deduction and credit
No one likes to pay taxes. And everyone hates paying more taxes than they need to. Yet, each year, Americans make billions of dollars in tax overpayments. In J.K. Lasser’s 1001 Deductions and Tax Breaks 2023: Your Complete Guide to Everything Deductible, expert attorney and small business advocate Barbara Weltman delivers a thorough and carefully researched explanation of the constantly changing tax laws as they apply to ordinary, taxpaying Americans.
The latest edition of this book has been completely updated to reflect recent legislation, the latest tax court rulings, and IRS guidance, allowing readers to easily refer to relevant deductions and credits in the easy-to-follow guide. You’ll find: Answers to the most frequently asked tax questions about deductions and credits as well as what income is tax free Comprehensive info on every deductible expense, including current dollar limits and record-keeping requirements A free e-supplement that includes the latest developments from the IRS and Congress
Perfect for taxpayers and tax preparing professionals, 1001 Deductions and Tax Breaks 2023 continues to be America’s favorite go-to roadmap to claiming what is rightfully yours and keeping more of your hard-earned income.
From the Back Cover
Tax/Personal Finance
A straightforward guide to taking tax breaks and deductions on your 2022 tax return
Completely revised to reflect important changes in recent tax laws (including the Inflation Reduction Act), J.K. Lasser’s 1001 Deductions & Tax Breaks 2023 will help you take advantage of every tax break and deduction to which you may be entitled.
This comprehensive guide is clearly organized by subject matter so you can easily find situations that may apply to you. Each tax benefit is explained in simple to understand language—along with the eligibility requirements for claiming the benefit—while planning tips and common pitfalls associated with the benefit in question are discussed in detail. Deductions, credits, and other tax breaks that will change in 2023 are highlighted throughout the book to help you plan ahead.
With this book as your guide, you’ll find deductions and tax breaks with regard to: You and your family Your home and car Your job or business Your investments Retirement savings Travel Medical and dental expenses Health savings accounts Education costs Your charitable giving Disaster losses Insurance
Packed with hundreds of updated deductions and credits, practical advice, and real-world examples, J.K. Lasser’s 1001 Deductions & Tax Breaks 2023 is a book every taxpayer should own.
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