TAX LAW NOTES 

Note-1 Combined State/Local/Sales and property taxes

• State/Local and Property taxes (real estate) are part of a combination of taxes whose total is taken as a single deduction. The maximum deduction you can take for the combination of 1 and 2 below is $10,000 (or $5,000 if married filing separately).

1. State AND local income tax, OR sales tax
2. Property taxes (real estate taxes + personal property taxes)

Note-2 Business and work related deductible expenses

• Mileage Logs
• Home office expenses
• Business utility costs
• Lodging receipts
• Meals/entertainment
• Education
• Medical
• Childcare
• Miscellaneous​