#2 in a Series – Tax Tips from Accounting Today – Cundiff & Associates, CPA, P.C.

2. Bunch Itemized Deductions Many expenses can be deducted only if they exceed a certain percentage of your adjusted gross income. Bunching itemized deductible expenses into one year can help you exceed these AGI floors. Consider scheduling your costly non-urgent medical procedures in a single year to exceed the 10 percent AGI floor for medical Read More →