A non-government website
A non-government website
As tax season approaches, you might be looking for ways to save on taxes. If you’re self-employed or own a small business, you might wonder if life insurance premiums can be deducted on Schedule C. The answer is a bit…
Running a business is full of responsibilities, like understanding what you can deduct for taxes. The Tax Cuts and Jobs Act (TCJA) changed the tax rules, but one thing is clear: businesses can deduct some credit card fees. This means…
As the year ends, think about buying tax deductible company logo shirts. These branded uniforms are not just for looks. They are seen as business costs by the IRS, making them tax deductible. This can lower your taxes. Real estate…
You’ve caught the DIY bug and are ready to transform your space. But wait, are you also savvy enough to make your home improvement loan tax deductible? The recent surge in home remodeling means more Americans are investing heavily in…
Many people look for ways to lower their healthcare costs through tax deductions. Durable medical equipment (DME) can be expensive for those with health issues. Luckily, the IRS says you might be able to deduct these costs if they help…
Many people wonder if Kickstarter donations are tax deductible. If you’re looking to get the most out of your Kickstarter contributions, understanding IRS rules is key. The IRS sets clear guidelines for what counts as a deductible donation. Your donation’s…
So, you’ve joined AARP for its great benefits, but you’re now wondering, “Can I deduct AARP dues on taxes?” You’re not alone! AARP offers discounts, expert advice, and exclusive resources. But, figuring out if you can deduct AARP membership fees…
Window blinds can make your home look great and save you money on energy. But, can you get tax deductions for them? Yes, you can, thanks to the Energy Efficient Home Improvement Credit from the Inflation Reduction Act of 2022.…
Many pet owners wonder if therapy dogs are tax deductible. They look into tax rules to find out. Service animals have special tax benefits, but therapy dogs are in a tricky spot. It’s important to know the differences between service…
In today’s economy, landlords and tenants often deal with tenant buyouts, especially in high-demand areas. A tenant buyout happens when a landlord pays a tenant to leave, making room for updates, higher rent, or selling the property. This brings up…
