Generally, you cannot deduct personal, living, or family expenses. However, if you have an expense for something that is used partly for...

According to the IRS, expenses available for deduction include: A business expense must be both ordinary and necessary. An ordinary...

Many new people entering the world of business miss opportunities they can deduct when starting to grow their dream. I am referring to...

As we closely follow the new tax proposals coming out of the White House, the House of Representatives and the Senate, it’s important to...

It is common that in times of great disaster in the United States, that the IRS will lend a helping hand. This is typically in the way...

Its tax return extension filing season as a great many business owners across the U.S. know all too well. But did you know that if you...

Let’s take a break from all the political Tax Talk for a bit, and discuss a subject that hits close to home for so many privately owned...

Last week I reported on a late night meeting in the Senate that supposedly breathed life into the Health Care Replacement Bill known as...

One of the famous Yogi-isms holds true today. We are quickly learning about a late night meeting in the Senate last night which breathed...