The mileage tax deduction can lower your tax bill if you qualify. Learn who’s eligible, which method saves more and how to claim it correctly in 2026.
Many homeowners miss valuable savings at tax time. Here are 8 little-known tax deductions every homeowner should know about ...
For the 2026 tax season, knowing the standard deduction is vital, as it reduces taxable income without itemizing, offering ...
Some deductions remain every year, but others change or disappear and new ones crop up. Learn about the best tax deductions ...
Business taxpayers are often entitled to extra self-employed and small business tax deductions, which can potentially lead to ...
Contractors often maintain both a stand‑alone office and a home office for scheduling, estimating, bookkeeping, and client meetings. The IRS allows ...
Answer: Sales tax was a deduction until the 1986 Tax Reform Act “simplified” the tax system. The 2004 Jumpstart Our Business ...
If you worked remotely in 2024, you may be eyeing the home office deduction. However, qualifying for the tax break may be harder than you expect, experts say. Only 7% of companies allowed fully remote ...
Car loan interest can be tax deductible, but only in specific situations. If you’re a business owner or self-employed and use the vehicle for work, you may be able to deduct some of all of the ...