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- Video Tips: Wrapping Up Year-End Business Purchases
- A small business can deduct acquisition costs on 2024 taxes if purchased and placed in service by year-end, using Sec 179 and bonus depreciation.
- 2025 Standard Mileage Rates Announced
- As it does every year, the Internal Revenue Service recently announced the inflation- adjusted 2025 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical, or moving purposes
- Tax Avoidance and Hollywood’s Golden Age: A Glitzy Game of Loopholes
- Explore how Hollywood’s Golden Age stars and studios mastered tax evasion through creative strategies, leaving a legacy of financial ingenuity.
- Only 12 Days Left for 2024 Tax Deductions
- As the end of the year is getting close, this is a reminder that New Year’s Eve, December 31, is the last day that you can make a tax-deductible purchase, pay a tax-deductible expense, make a tax-deductible charitable contribution, or pay tax-credit-qualifying tuition or expenses for 2024.
- Essential Tax Credits Every Parent Should Know About
- Parents have special tax situations and benefits. Tax breaks for parenting expenses can result in a lower tax bill and a higher refund. Here are some key things new parents need to know.
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