Tag: tax deductions 2025
Lehigh Valley & Northeast PA Tax Guide 2025 | Allentown, Bethlehem, Scranton & Wilkes-Barre
Allentown, Bethlehem, Scranton, and Wilkes-Barre each have distinct local EIT rates and economic profiles. Covers PTRR rebates, logistics worker deductions, and PA state rules.
Pittsburgh & Allegheny County PA Tax Deductions 2025 | Wage Tax, Property Tax & Retiree Benefits
Pittsburgh residents pay a combined city and school wage tax around 3%. Learn about the PTRR rebate program, PA pension exemptions, and key deductions for Allegheny County.
Pennsylvania Tax Deductions Guide 2025 | What PA Residents Can (and Can’t) Write Off
Pennsylvania has a 3.07% flat income tax with no standard deduction and no mortgage interest deduction on state returns. Learn what PA residents can and cannot deduct.
South Jersey Tax Deductions 2025 | Camden, Burlington, Atlantic & Cape May Counties
South Jersey residents from Camden to Cape May have different tax profiles than North Jersey. Learn which deductions apply, how to claim ANCHOR, and key 2025 changes.
Health Insurance Tax Deduction 2025: Self-Employed vs. Employee Rules
Self-employed workers can deduct 100% of health insurance premiums as an above-the-line deduction. Employees face the 7.5% AGI threshold instead. Learn the difference.
How Much Mortgage Interest Can You Actually Deduct in 2025?
Mortgage interest is still deductible in 2025 for loans up to $750,000. Learn what qualifies, how the limit applies to second homes, and how to report it on Schedule A.
Simplified vs. Actual: Which Home Office Deduction Method Saves You More?
Compare the simplified method ($5 per sq ft, max $1,500) against the actual expense method for the home office deduction. Which saves self-employed workers more?
How to Track & Deduct Medical Travel Expenses (2025 IRS Rules)
Learn which medical travel expenses qualify as tax deductions in 2025 — mileage at 21 cents per mile, airfare, lodging, and more. IRS rules and tracking tips included.