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2. These tax moves are most likely to trigger an audit - AOL

   www.aol.com/article/finance/2020/02/28/these-tax...

   An IRS Schedule C is used to report the income and expenses of self-employed individuals, and often self-employed individuals fail to report all of their income, particularly cash-based ...

3. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.

4. 7 Easy Ways To Cut Unnecessary Spending - AOL

   www.aol.com/finance/7-easy-ways-cut-unnecessary...

   1. Make a Monthly Budget. The first step to reducing your expenses is creating a budget, said Toby Mathis, author of "Infinity Investing" and founding partner of Anderson Business Advisors. "My ...

5. Internal Revenue Code section 132(a) - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   A Qualified Employee Discount is defined in Section 132(c) as any employee discount with respect to qualified property or services to the extent the discount does not exceed (a) the gross profit percentage of the price at which the property is being offered by the employer to customers, in the case of property, or (b) 20% of the price offered for services by the employer to customers, in the ...

6. 5 Ways To Cut Monthly Payments and Stop Paying More ... - AOL

   www.aol.com/finance/5-ways-cut-monthly-payments...

   What's the largest monthly payment for most Americans? The cost of housing -- and for many, that's rent. Discover: Cost of Renting vs. Owning a Home in Every StateFind Out: How To Get $340 Per ...

7. Expenses versus capital expenditures - Wikipedia

   en.wikipedia.org/wiki/Expenses_versus_Capital...

   Under the U.S. tax code, businesses expenditures can be deducted from the total taxable income when filing income taxes if a taxpayer can show the funds were used for business-related activities, [1] not personal [2] or capital expenses (i.e., long-term, tangible assets, such as property). [3]