The One Big Beautiful Bill Act, passed by Congress on July 4, 2025, is a sweeping overhaul of the U.S. tax code. It includes ...

But thanks to the 100% bonus depreciation rule introduced in the Tax Cuts and Jobs Act and made permanent in Trump’s One Big ...

North Carolina state Rep. Keith Kidwell is a strong opponent of gambling, but he spoke in a legislative committee Tuesday pushing for a bill that would help gamblers avoid the big tax hits that some ...

I'm an accountant who knows a lot about taxes and what you can write off on your tax return. Trust me when I say this: Yes, some pet expenses can give you a tax break. Your pet doesn't have to be paid ...

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 ...

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, ...

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 ...

If the financial alphas of TikTok are to be believed, there’s a secret loophole in US tax code that allows you to buy a Mercedes G-Wagon and deduct its cost from your taxes. They’re not entirely wrong ...

From eggs to gas prices, expenses have likely gone up in just about every aspect of your daily life. The financial strain is taking a toll on American families and individuals, especially car owners ...

Unlike a full-time employee whose taxes are deducted from their paycheck, if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 tax deductions as you ...