Do you work from home all or part of the time? If you're self-employed and meet certain requirements, you can write off a portion of your home office expenses, even if you perform work at other locations. The deduction may be based on the actual expenses you're able to substantiate—or it may be computed using a simplified method approved by the IRS.
If you payover half the cost of supporting a parent, your parent is considered your dependent for...
Once the 2023 tax year is over and the numbers are generally set in stone, you can itemize...
Beginning on January 1, 2024, the standard mileage rates for the use of a car (also vans, pickups...
It's challenging and expensiveto be a parent. The average annual cost of raising a child in the...
As the holidays approach, it's time to consider tax planning moves that will help lower this year's...
Section 529 plans can be a tax-smart way to save for college and other qualified education...
Today's companies operate in a global marketplace. Many have subsidiaries, affiliates and other...
Inflation is generally bad news. But a favorable side effect is bigger annual inflation adjustments...
Today, almost everyone owns some sort of digital asset—and some of these assets can be quite...