Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

Itemizing your taxes is great when you are a homeowner. As you file taxes for the 2024 tax year, there are some deductions ...

Or, they've given a significant amount of donations ... also not generally tax deductible. There are exceptions, but don't hold your breath. You may be able to write off some or all of your ...

Your home, car, insurance, retirement savings and even ... Deductions, also sometimes called tax write-offs, are eligible expenses that you can deduct on your return to lower the amount of income ...

Wealthy people don’t always spend all of their money on nice houses and cars. Some try to pay their good fortune forward by ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

Automobile deduction: If you use your car for business ... your spouse, and your tax dependents. You’re only eligible for this tax write-off if neither you nor your spouse qualifies for employer ...

China's BYD for the first time sold more EVs in Britain than Tesla over a month. In January, the Far East relative newcomer ...