Creating More Business Meal Tax Deductions
The Tax Cuts and Jobs Act (TCJA) removed the “directly related and associated with” requirements from business meals.
You Took Coronavirus-Related IRA Money Last Year: What Now?
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.
Tax Rules That Allow Tax Deductions for Your Yacht
Qualifying for tax deductions on a yacht or other luxury boat requires tax knowledge.
Find the Winning Tax Law for Your IRS Audit
When you are in a battle with the IRS, you need to know which documents will help your case.
Two Ways to Fix Tax Return Mistakes Before the IRS Discovers Them
There are two special ways to fix your incorrect tax return that save you from paying more to the IRS than you would otherwise. We’ll tell you all about them in this article.
Can Home-Office Tax Deductions Include Garage Space?
Home-office tax deductions require a look at the garage and other usable space as possible positive or negative factors in the home-office calculation.
How the IRS Lost $55,000 in This IRS Rental Properties Audit
The fact that the IRS examiner disallows your deductions does not mean they are not deductible.