National Monuments are Presidential designations of habitat, landmarks or structures for the purpose of historic or scientific preservation. Touring the National Monuments of Oregon allows travelers to experience a range of landscapes within the state.
Your COBRA premiums might be tax-deductible as a medical expense, depending on how much money you earn and how many medical expenses you had for the year. Medical expenses are deductible only if they amount to more than 10 percent of your annual gross, or pretax, income, or 7.5 percent if you were born before 1949.
Home Â» Tax planning guide Â» Section 1 â Businesses Â» Deduction of fines and penalties. You cannot claim a deduction for any fine or penalty imposed by a government agency, regulatory body, court or other tribunal or by any other person having the statutory authority to levy fines and penalties. For example, CRA interest paid for late payments or insufficient instalments is not deductible for tax purposes.