You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked deductions.

There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...

Navigating the complexities of tax season can be daunting, especially when deciding between a tax deduction or a tax credit.

The Coalition’s plan to allow small businesses up to $20,000 in tax deductions for meals and entertainment-related expenses ...

Taxes can be a killer for entrepreneurs. Fortunately, deductions are a great way to reduce tax liability. But how do you know ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

In the first few weeks of 2025, boards of directors have started asking what steps a company is taking to protect their CEO.

The Taxpayer Certainty and Disaster Relief Act of 2020 temporarily boosted the business deduction for food and beverages to 100%, including tax and tip, for 2021 and 2022. Note, entertainment ...

Find out if you can claim pets on tax returns, which pet-related expenses may qualify for deductions and what the IRS allows.

Alimony (if divorce decree is 2018 or earlier) If you are self-employed or own a small business, you may be eligible for other tax deductions including home office deductions and reimbursement for ...

House Republicans have said time and time again that this is a pivotal year to renegotiate federal tax policy, as the party looks to extend expiring pieces of President Donald ...

Whether tax reforms in the Tax Cuts and Jobs Act of 2017 expire or are extended will impact most people's tax bills.