Although the Tax Cuts and Jobs Act notoriously cuts back certain deductions and wipes out others, it actually liberalizes the medical expense deduction for 2017 and 2018.
The IRS is tough on deductions for travel expenses. Without the proper records to back up your claims, it might reduce or completely deny your write-offs. And it usually...
The Tax Cuts and Jobs Act enhances and creates numerous tax breaks for individual taxpayers, but repeals or scales back a slew of others. It’s going to take time to...
Medical expenses must be incurred primarily to alleviate or prevent a physical or mental defect or illness. They don’t include costs that are simply beneficial to your...
A new study of employment practices disputes and litigation by Hiscox insurance researchers found that businesses in Washington, D.C., Delaware, Nevada, New Mexico and...
If you’re looking to sell real estate, you may have to structure the deal to make it acceptable to the buyer. But this could work to your tax advantage.
Using a PowerPoint theme that consistently applies elements from your branding to each slide makes presentation creation easy. Here are some tips for setting up a good...
Don’t have the time to produce a fancy company newsletter? You can still keep your employees informed about goings-on both big and small through a regular email blast .
Frequently, gambling loss deductions are denied because taxpayers fail to keep the records required for write-offs. In a pinch, you might resort to the “Cohan...
Areader recently wrote us about a tax dilemma. “We bought U.S. Savings Bonds for my daughter when she was born and she also received Series EE Bonds as gifts. Now...
Pulling off a like-kind exchange under Section 1031 is often easier said than done. Usually, the owner of property you have your eyes on isn’t interested in any...
Are you having trouble collecting money for goods or services your business has provided? Consider these three strategies for securing bad-debt deductions.
