Sunday, July 12, 2009

Spending Time On The DL? Time To Itemize

Hey gang! No ballplayer likes to spend time on the disabled list. Just like most people don't care to spend time in the doctor's office. But did you know that if you've decided to itemize your deductions on your tax bill, you can deduct medical expenses that exceed 7.5% of your adusted gross income. For many people, that can mean thousands of dollars back in your pocket. Or if you're Nick Evans, hundreds of dollars. So when you're itemizing those deductions, don't forget all those trips to see the "doc." Just another tax tip from me! The Taxman, Dan Murphy. And as always, don't forget to save those receipts!

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