'Nursing' Your Deductions For a Healthy Income!_42

Tax deductions are lucrative things but they differ for every profession. For nurses, there are many such specific tax deductions. Do take their benefit on your tax return to make your income healthier.
If you are a nurse, do not forget to claim the following deductions -
1. Uniforms - The cost of acquiring uniforms and the cost of their cleaning and maintenance is an important expense for a nurse. As they are directly related to job, you can claim such cost as deduction on your tax return.
2. Specialized equipment - If you are required to buy some specific shoes or if equipment like stethoscopes or clamps, you can claim that cost as your deduction. If you are required to buy a PDA for coping up with the job, its cost can also be taken as legitimate deduction.
3. Fees for license and training - The fees which you pay for renewal of your license are deductible. If you buy any books or medical journals for keeping tract with the latest in your field, their costs will be deductible.
4. Expenses on travel - If you travel overseas and visit any clinics or hospitals there for keeping your knowledge up to date, you can claim your expenses on foreign travel as a legitimate deduction from your income. However this is a tricky deduction and you should approach your tax advisor for taking appropriate guidance. The expenses for hiring a tax adviser are also deductible from your income!
5. Expenses on moving - If your spouse is moving to another state and you are required to move along, you may be required to take a new license for doing job in that state. Such expense is deductible from your income.
6. Traveling expenses - If your job requires frequent traveling, you can claim expenses on travelling on your tax return. For making such are claim, you have to have a tax home. When you are not on duty, you are supposed to stay at this place. This you should be your mailing address. Your traveling expenses should originate from this place. Remember, your assignments while on travel must be temporary. You cannot work for one full year on one job site and claim expenses as travelling nurse.
Your travelling expenses include lodging, meals, use of cell phone and transportation expenses. You need to keep receipts and invoices of all such expenditure for any enquiry from IRS.
There may be some significant changes in your life in the last tax year - you might have got married or you may be having a baby or you might have bought your new house. All these changes will affect your tax at the end of the year. Remember,Sinful Womens, whatever you do during the year will determine your tax at the end!
Again, I would like to mention that the focus of this article is not how to be a creative artist and express yourself through your music, but solely about how to make music that will eventually lead you to SIGNING A RECORD DEAL.One thing you have to remember when following this method is that "popular" trends change quite often in the music industry. What is popular today might not be popular tomorrow. So, you have to be able to determine when a trend is growing and when a trend is on the verge of extinction, because you don't want to spend 6-12 months creating an album worth of material only to find out that no-one is listening to that sound anymore. For example, if you are creating music in the Rap genre, you don't want to use rap music beats from the 90's, but you want to be sure you are using rap music beats that sound like they were produced in the year 2009!
While there are no hard and fast rules to determine how long a trend will exist, use your better judgment. For example, I will use the Hip-Hop industry and one of its most popular trends of the 2000's. Approximately five years after T-pain exploded onto the scene with his unique use of Auto-tune and the Vocoder, nearly every popular song in the Hip-Hop Genre today in 2009 is incorporating those elements. It has gotten to the point where popular rapper Jay-Z recently released a song titled "Death to Auto-tune." Now this should be a clear indicator to anyone in the Hip-Hop genre that this trend is on the verge of extinction, but soon a new trend will grow in popularity to replace the old and YOU WILL BE READY!