Business owners to hire residents of Brown or Atchison County may be eligible to receive a federal tax credit called the Work Opportunity Tax Credit (WOTC). The WOTC provides a tax credit to employers who hires an employee that is a resident of a rural renewal county; Atchison and Brown Counties are two of the counties that fall under this …

Taxes Paid Taxpayers can deduct certain taxes paid throughout the tax year on schedule A (itemized deductions). These taxes must be paid between January 1st and December 31st if you are a calendar year taxpayer. Some of the taxes deductible are: ● Real estate taxes (can include multiple properties) ● Personal property taxes ● State income tax / sales tax …

Taxpayers are allowed to deduct qualified medical expenses on schedule A of a personal tax return. These expenses are subject to a 10% adjusted gross income floor (7.5 percent if you are over age 65). For example, if you have adjusted gross income of $50,000 you would be unable to deduct the first $5,000 in qualified medical expenses. Qualified medical …

In order for charitable contributions to be deductible, the organization must be a nonprofit organization approved by the IRS. There is a database of approved nonprofit organizations available on www.irs.gov . Charitable contributions are not subject to an adjusted gross income floor. This means that if you are eligible to itemize, you may be able to deduct 100% of your …