Browsing Tag

Tax Deductions

57 posts
salt deduction cap increase

The Impact of the SALT Deduction Cap Increase on Taxpayers

Just how will the SALT deduction cap increase influence taxpayers’ strategies and financial planning? Continue reading to find out.
2025 deduction increase impact

How the 2025 Standard Deduction Changes Affect Your Taxes

Learn how the 2025 standard deduction increase may simplify your taxes and what strategic steps you should consider next.
research expense tax rules

Tax Treatment of Research Expenses Under Section 174

Under Section 174, you can choose to deduct research expenses immediately or…
self employed health insurance deduction

Understanding Self‑Employed Health Insurance Deduction for Owners

Self-employed owners can unlock significant tax savings with health insurance deductions—discover the rules to maximize your benefits and stay compliant.
meal and entertainment expense reporting

Reporting and Deducting Meals and Entertainment Expenses in 2025

In 2025, you can deduct meals and entertainment expenses if they directly…
section 179 limits 2025

Understanding the Section 179 Expensing Limits for 2025

Understanding the Section 179 expensing limits for 2025 is crucial for maximizing your deductions—discover how to optimize your equipment investments today.
home office deduction rules

The Home Office Deduction Myth—What’s Really Allowed?

By believing any space used for work qualifies, you risk missing out on key rules—discover what’s truly allowed and avoid costly mistakes.
unknown disaster relief deductions

Disaster Relief Deductions You Didn’t Know Existed

Seek out hidden disaster relief deductions and benefits that could significantly ease your recovery—here’s what you may not have known.
enhanced student loan deductions

Student Loan Interest: New Rules, Bigger Deductions

Here’s a new update on student loan interest rules that could boost your deductions—find out how your income may qualify you for more savings.