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For work but i heavily use these for work outside of normal working hours. probably sdenlt have a designated home office. that raises a red flag with the i.r.s. often does end up in an audit, unfortunately, yes. here s the thing. if he s a contractor worker or freelancer as so many of us are, he s using the internet for his business, he can write off a portion of those expenses. you just don t want to go overboard. a lot of people who are self-employed tend to get a little aggressive here taking too many deductions, more they re entitled to or they merge their personal and business expenses, that raises a red flag to the i.r.s. you can take a portion of the writeoff. don t go crazy here. talk to your expert to figure out what the portion is. vera is going to be here all morning long. if you ve got some questions for her, just e-mail us, friends at foxnews.com. or you could twitter us at fox & friends. speaking of taxes, let s talk to you about some celebrities who have tried to ....
Increases on your industry. and the president and democrats have talked about this a lot, they don t like what they call sub subsidies to big oil. you say the president and those who are against these tax breaks, essentially, have it all wrong. tell us. well, we re against subsidies. we don t get any subsidies. i mean, subsidies is where the government writes you a check. what they are doing is calling our deductions of business expenses a subsidy. that would be like calling a typical american s detext of his mortgage home interest a subsidy. it s an expension that we deduct just like every other business megyn: but, wait, larry, let me challenge you on that because a lot of our viewers don t have a lot of money, living paycheck to paycheck, and if anybody should be getting a writeoff on their taxes, it it should be me, and e should take those tax breaks away and use that money on some ....
Goods night for santorum but because it s bad for gingrich it s bad for mitt romney because it s likely to extend this season even if hit mitt romney ends up as a nominee. these were not must-win states but it s the turker t soft-pedaling his chances of winning in the deep south. how do you think this goes over with republican party leaders who are already concerned about his appeal to conservative and evangelical voter. are mississippi and alabama a writeoff? or is there disappointment in terms of his viability for this? there has to be disappointment, rachel. front runners aren t supposed to finish third. ....
Finance. what we ve got to do is tie clearly and unequivocally the well being of american families to the creation of jobs, creation of wealth. megyn: but you agree with the personal, tripling the personal deduction for children? that s controversial. some have said that s another government handout, and some have said it s an incentive to some families to have children for tax deduction. if i would offer, if i may offer senator santorum another proposal that would be, in my opinion, more supportive of the family, and that would be to provide a tax break or a tax incentive to couples who stay married. for every year get an additional, you know, writeoff, a deduction or tax credit. megyn: i like that. you pay a penalty if you get a divorce. i can speak from experience, there are penalties to divorce. [laughter] and there are great rewards to a long marriage. i ve been married for over 30 years. but we should be as a society putting very clearly a stamp of approval on those things th ....
Monetary fund. european central bank and european commission. they were all smiles as they left. but for it to work, private investors have to be onboard. they re paying for t hedge funds and other greek and foreign banks are expected to take 53.5% losses. about $140 billion writeoff and deep are cuts were just agreed to a few months ago. they have to be convinced to go with the debt swap where greek bonds pay less for longer. it brings the debt to gdp ratio to just over 120% by 2020. a minimum target. the current ratio is 164%. the united states, just over 100%. the big question is where greece deliver on the promises made. tough measures could be needed. ....