Understanding the tax benefits associated with donations to Goodwill can not only support a worthy cause but also provide valuable tax deductions for donors. TRAVERSE ...
Brex reports LLC owners can reduce taxable income through 16 deductible expenses. Proper tracking prevents missed deductions ...
Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on the tax rules for ...
An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade The tax code is becoming charitable to many more donors thanks to ...
IRS enforcement priorities shift toward questionable write-offs, putting small business owners and self-employed taxpayers on notice in 2025. IRVINE, CA / ACCESS Newswire / September 10, 2025 / The ...
The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...
Madeleine White is putting to rest misconceptions about what influencers are allowed to deduct as a tax write-off In a recent video, the influencer addressed a common question that she gets on her ...
When Francisco Gil was an advisor at Wells Fargo, he twice used a tax form for independent contractors to try to write off expenses related to meals, travel and a Mercedes SUV. But the IRS rejected ...