Tax Deductions

Educator Expense Deduction

Are teachers able to write off their extra expenses that aren’t reimbursed through school/classroom funds? An eligible educator can deduct up to $250 of qualified expenses. An eligible educator is a teacher, instructor, counselor, principal, or aide for K-12 who … Continued

Employer Cell Phone

An employer-provided cell phone is NOT considered income. Since the company is giving you a cell phone or business purposes, the business will write it off as an expense. Same goes for is they are reimbursing you for your personal … Continued