Kostecke CPA

All posts tagged deductions

Saving money on your taxesIf you are a procrastinator when it comes to tax planning, you are still in luck.  Saving money on your taxes is not too difficult if you happen to have good accounting practices and you keep current with changes to the tax code. Read more


Tax Complexities for Married Same-Sex Couples in WisconsinIn June 2013, the Supreme Court ruled Section 3 of the Defense of Marriage Act unconstitutional. Section 3 limited the definition of marriage to couples of the opposite sex. This change has broad impact on the tax code and on eligibility for certain employee and retiree benefits. The IRS has just begun to set up the rules Read more


Home office deductionThe IRS has an alternate way for you to calculate your home office deduction. Now, instead of keeping track of all of your household expenses for maintaining your home, such as utilities, insurance, maintenance, and lawn care, you can take a flat amount per square foot of office space. This can be a huge benefit to Read more


Charitable contributions and how to get your deduction rightCharitable deductions remain a great way to lower your tax bill while supporting your favorite good cause. There have been a lot of fraudulent charitable contributions reported, however, and the IRS is cracking down on it. As a legitimate charitable contributor, you want to make sure you get the deduction you should. Read more