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

The home office deduction could provide a tax break on your 2024 return. Here’s who qualifies and how to claim it.

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

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.

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

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

On January 17, 2025, news sources reported that Republican members of Congress circulated a detailed list of legislative ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the ...

Tax season is upon us. As CPAs and tax attorneys launch into their busy season, millions of Americans are turning to their ...

As we step into 2025, the importance of setting strategic business goals has never been greater. A well-thought-out plan can ...

Very few people like tax season, but missing out on valuable deductions could mean leaving money on the table. Many taxpayers ...