Monday AM Accountant Tax Tip- 11/1/10

If you are like the rest of us, you may have eaten a good bit of candy over the weekend.  There is good news- dental expenses are potentially tax deductible.  The bad news, in order to do so you need to have enough deductions to itemize your deductions on schedule A.  In addition, in 2010 medical/dental expenses must exceed 7.5% of your Adjusted Gross Income (AGI) before they give you any sort of tax benefit.