It is possible to legally trim your tax bill even when you have $0 in receipts on hand. Several major deductions and credits ...

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, ...

Tax filing for 2026 is shaping up to be very different from the last few years, with a larger standard deduction and a fresh ...

CLEVELAND — Greetings, fellow taxpayers, on this our darkest day. Americans have a long, romantic history of deploring taxation. The Boston Tea Party was essentially an elaborate tantrum over a new ...

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct luxury expenses. But taxpayers shouldn’t try to write off that trip to Mexico ...

Seniors living on a fixed income face unique financial challenges, but the underlying theme is their desire to maximize retirement savings. Some costs are unavoidable as you age, but the good news is ...

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 ...

With major provisions of President Trump’s Tax Cuts and Jobs Act of 2017 set to expire this year, there’s increased attention to how much it would cost to extend key portions of the act and how the ...