This is Part 1 of our three-part refresher course on understanding the twists and turns necessary to realize the maximum federal income tax savings out of the home sale gain exclusion break, which might be more valuable than ever right now. Let’s get started.

If you own rental properties and want to deduct rental losses, you absolutely, positively must have a handle on the passive-loss rules.

When Congress passed the Tax Cuts and Jobs Act (TCJA) back in 2018, it reduced your ability to make use of your tax losses.

If you have employees in your business, this story should have your attention.

If you are married, you need to know three special rules that can benefit your Section 179 deductions.

Three bad things happen when you file your tax return late.

When it comes to tax losses on bitcoin and other cryptocurrency, you’ll find in this article an escape from a tax-loss rule that does not allow you to deduct a tax loss.

Since COVID-19 struck, the government has created free and/or easy money in the form of tax credits and loans that are forgiven

The Tax Cuts and Jobs Act (TCJA) removed the “directly related and associated with” requirements from business meals.

If you’re a traditional IRA owner who was adversely affected by the COVID-19 pandemic last year (2020), you may have been eligible to take a tax-favored coronavirus-related distribution from a traditional IRA.

Qualifying for tax deductions on a yacht or other luxury boat requires tax knowledge.

When you are in a battle with the IRS, you need to know which documents will help your case.