Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to substantial savings this tax year.

Make sure you claim all the expenses you can when you prepare your 2025 income taxes. We’re here to help you minimize your ...

Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...

Follow and file these 10 that HMRC says qualify to potentially drastically improve your bottom line as a limited company director who works from home.

In a case of first impression for the Eleventh Circuit, the court affirmed a Tax Court holding that expenses of activities not engaged in for profit, i.e., hobbies, are allowable only as miscellaneous ...

A few months ago, in response to a question from a reader, I discussed the deduction of health care premiums. I received many responses, and several readers raised issues related to this deduction.

March 12, 2025 Add as a preferred source on Google Add as a preferred source on Google With the April 15 deadline right around the corner, you want to ensure you're taking advantage of all the ...

President Donald Trump’s One Big Beautiful Bill Act (OBBBA) raised the state and local tax (SALT) cap deduction to $40,000 from the previous $10,000, as previously reported by GOBankingRates. For ...

Tax experts at Capital on Tap have spoken out.