itemized deduction

Tax Relief Act Offers Many Income-tax-saving Opportunities for Individuals

The extension of the lower income and capital gains tax rates set to expire Dec. 31, along with significant reductions to the estate tax, has probably received the most media coverage. But the Tax Relief, Unemployment Insurance Reauthorization, and Job … read more

Married Filing Jointly or Married Filing Separately?

Is it more advantageous for married couples to file income tax returns jointly or separately?  Unfortunately, the answer is not as simple as it may sound.  When filing separately, some credits and deductions are not allowed.  These include earned income … read more

Legal Fees: Are they Deductible on Your Tax Return?

Have you been incurring legal fees?  They can add up fast… so the question is: are they deductible on your tax return?  The most important factor in determining deductibility of personal legal fees is the purpose of the legal fees … read more

Paying Income Taxes with your Credit/Debit Card

We all hate paying income taxes, right?  The IRS knows this so they made it easier to pay income taxes through the use of credit/debit cards.  The IRS says paying this way is convenient – taxpayers can file their tax … read more


There is nothing more complex than the world of taxes. We know this and yet we chose careers where we face these issues everyday. We get questions day in and day out about new tax laws, forms and news items and how they affect everyday people and businesses. Well, here at Henry & Horne we have set out to do what we do best; help everyday people understand what is going on in the world of state, local, federal, estate and international taxation. We will provide these weekly posts and we encourage you to give us feedback on those posts as well as letting us know what else you would like to know more about. Welcome to "Tax Insights." We hope you find this blog informative and worthy of your time.

Before posting a comment on a blog post please be aware that we do not give free tax advice to non-clients by email, comment response, or phone. Thank you!

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