Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...
But thanks to the 100% bonus depreciation rule introduced in the Tax Cuts and Jobs Act and made permanent in Trump’s One Big ...
The law creates a new deduction of up to $6,000 for people age 65 and older until 2029, and creates a tax break for up to $10 ...
Small business owners just watched Washington hand them one of the most generous tax packages in years, and the stakes are ...
The influencer took to TikTok to address recent questions floating around on social media about whether influencers can "write-off" certain purchases as business expenses Madeleine White Fedyk/TikTok; ...
The 2017 Tax Cuts and Jobs Act eliminated HELOC interest deductions except for substantial home improvements. A financial advisor incorrectly recommended a $50,000 HELOC for tax benefits that no ...