Make sure and claim all your deductions to the IRS

There are many income tax deductions that physicians may be eligible to claim on their tax filings with the Internal Revenue Service. Many state taxes are deductible on federal tax forms, such as the personal property taxes paid for automobiles or motorcycles, or those paid as state and local income taxes. Charitable contributions and periodic donations to religious bodies are also deductible, as are the noncash donations that take the form of unwanted clothing or household merchandise. Deductions allowable against outside income include expenses incurred in the earning of that income.
Q: My income increased substantially in 1995. I know my income tax bill will also increase, but I am trying to mitigate the damage by making sure I have taken [...]