Monday AM Accountant Tax Tip- 11/1/10

If you are like most of us, you may had too much candy this weekend.  There is good new- dental expenses are potentially deductible on your tax return.  Unfortunately, you must have enough deductions to itemize your deductions on your schedule A and dental expenses must exceed your Adjusted Gross Income (AGI) by 7.5% in 2010 before you see any deduction benefits.  Finally, cosmetic procedures are typically not deductible.