Browsing Tag

Tax Deductions

91 posts
maximize deductions through charity

Charitable Giving Strategies for Maximizing Deductions

Unlock smart charitable giving strategies to maximize your deductions and discover how thoughtful planning can enhance your impact and savings.
passive rental deduction rules

Rental Real Estate Deductions: Passive Activity Rules

By understanding rental real estate deductions and passive activity rules, you can optimize your tax benefits—discover how to navigate these complex regulations below.
accounting expense classification differences

Understanding Above‑The‑Line Vs Below‑The‑Line Deductions

Ongoing knowledge of above-the-line versus below-the-line deductions can significantly impact your tax savings—discover which strategies work best for you.
maximize medical deduction benefits

Medical Deduction Thresholds: How to Maximize Your Deduction

Considering medical deduction thresholds can significantly impact your savings; discover how strategic planning and documentation can maximize your deduction potential.
eligible job search expense deductions

Deductions for Job Search Expenses: What Qualifies

If you’re wondering which job search expenses qualify for deductions, understanding IRS rules can help you maximize your savings and avoid pitfalls.
tax deductible hsa contributions

Health Savings Account Contribution Deductions

Contributing to an HSA offers tax deductions that can reduce your taxable income, but understanding the limits and benefits can maximize your savings.
charity mileage deduction rates

Deductions for Charitable Mileage: Rates and Record Keeping

For charitable mileage deductions, find out how to choose rates and keep records that ensure maximum benefit and IRS compliance.
post tcja unreimbursed deduction

Deducting Unreimbursed Business Expenses After the TCJA

Discover how deducting unreimbursed business expenses has changed after the TCJA and why understanding these rules can impact your taxes.