The 2017 Tax Cuts and Jobs Act suspended miscellaneous itemized deductions for federal tax purposes; however, they are still available as itemized ...

This series is intended to cover the most common deductions. Please keep in mind that there are always exceptions; what’s more, your situation or facts ...

Itemized Deductions:  From Common and Easy to Unusual and Tricky For most taxpayers, questions about what is deductible far outnumber the questions ...

If you are self-employed, you might be overwhelmed by the expenses you have, including your self-employment tax liabilities. However, you can claim ...

Today, the Washington Supreme Court ruled in favor of the Department of Revenue in Antio LLC v. Department of Revenue regarding its interpretation of ...

How often do you drive to meet a client or your accountant? Do you frequently make bank runs for your business? Depending on your business use of ...

If you’re a small business owner, you can deduct your mileage on taxes as a business expense. But, make sure you’re following the rules about what ...

by Mr. B (Michigan) I understand W-2 line 1 wages exclude voluntary retirement deductions, but does the church matching contribution go ...

If you’re one of the 16 million self-employed people in the US, there is a good chance that you find your taxes perplexing. After all, the ...

Running a small business can be challenging, but don’t let unclaimed tax deductions cost you money. Many small business owners overlook valuable deductions ...