More Americans want home offices. There may be a tax reason for that.

Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and ...
Forbes

A First Look At The New Tax Form For Claiming Deductions For Tips, Overtime, Car Interest And Seniors

Wondering what tax reporting might look like under the One Big Beautiful Bill Act (OBBBA)? The IRS has released drafts of some 2025 tax forms (that you’ll file in 2026), including a draft of the new ...

15 Often-Overlooked Tax Deductions You Can Use

For members of the National Guard or military reservists, you can deduct partial travel expenses for attending meetings or drills more than 100 miles from home, even if you don’t itemize. You can ...
Lifehacker

Five Tax Deductions You Shouldn’t Miss Out On

March 12, 2025 Add as a preferred source on Google Add as a preferred source on Google With the April 15 deadline right around the corner, you want to ensure you're taking advantage of all the ...
JournalofAccountancy

What kind of deduction is a hobby expense?

In a case of first impression for the Eleventh Circuit, the court affirmed a Tax Court holding that expenses of activities not engaged in for profit, i.e., hobbies, are allowable only as miscellaneous ...