medical expenses

Maximizing Tax Deductions for Medical Expenses of Disabled Children

Here is a rundown for families who have disabled children who may benefit from tax-deductible expenses; in addition to normal medical expenses.
deduction

Maximize the QBI Deduction Before It’s Gone

The QBI deduction is scheduled to disappear after 2025. Here’s what you need to know to make the most of it while you can.

Coordinating SEC. 179 Tax Deductions With Bonus Depreciation

There’s more than one way for businesses to claim depreciation tax deductions. By combining them, you can get optimal tax-saving results.
Costs

Taking Your Spouse on a Business Trip? Can You Write off the Costs?

The rules for deducting a spouse’s travel costs are very restrictive for small business owners. Here’s a rundown of what businesses can and can’t write off for tax purposes.
tcja

Major Tax Sunset of TCJA Provisions on the Horizon

In late 2017, Congress passed the Tax Cuts & Jobs Act (TCJA) which made enormous changes to income tax laws. There is a major sunset of these provisions on the horizon.
9 Tax Considerations If You Are Starting A Business As A Sole Proprietor cover

9 Tax Considerations If You Are Starting A Business As A Sole Proprietor

Many new ventures start out as sole proprietorships. Read about the nine tax considerations if you’re operating a business that way.
A Company Car Is a Valuable Perk but Don’t Forget About Taxes cover

A Company Car Is a Valuable Perk but Don’t Forget About Taxes

For many key employees, the use of a company car is a cherished perk. But before you hand over the keys, make sure you understand the federal tax rules.
Obscure and Overlooked Tax Deductions, Credits, and Benefits cover

Obscure and Overlooked Tax Deductions, Credits, and Benefits

As tax time approaches, it's time to review tax credits and deductions available to you. Don't miss these overlooked tax credits and benefits this year.