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

The price of an avocado and or a pack of tomatoes may go up due to the Trump's tariffs. The US purchased over $45 billion in ...

President-elect Donald Trump is following through on his threat to levy 25% tariffs against Mexico and Canada after they ...

Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Here, 20 leaders from Forbes Business Council discuss what they believe are the most important items any business leader should have on their to-do list for January and how those items will help ...

Whether you’re spring cleaning for Chinese New Year or are inspired by Marie Kondo to declutter your home, don’t just blindly trash the items you don’t want and add to the increasing amounts of waste.

For example, let's say that a bakery ... However, car dealerships or oil companies may try to sell items marked with the highest cost to reduce their taxable income. What Types of Companies ...

For example, alimony from divorces finalized before 2019 is taxable for the receiving spouse ... Itemized deductions are specific items you are eligible to deduct that may add up to more than ...