Archive for 'Expenses'
Before-Tax vs. After-Tax Expenses
It is important for you to understand the difference between before-tax expenses and after-tax expenses. Before-tax expenses reduce the income before taxable income is computed. After- tax expenses have no effect on tax computations. Everything else being equal, if the IRS allows you to designate a payment to be a before-tax expense, it is more [...]
Posted: September 17th, 2009 under Expenses.
Tags: cash, Expenses, money, mortgage, savings account, tax
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