Certain homeownership, business and healthcare deductions could significantly lower your tax bill. Here's how.

Everyone wants a tax break. Over the years, some Americans have tested limits for what they can take as a tax deduction. Here ...

Get a bigger refund by knowing which work expenses you can write off, whether you're a W-2 employee or self-employed.

In Actavis Labs. FL, Inc. v. U.S.  (“Actavis”), a recent precedential decision, the Federal Circuit answered an important ...

Your 1099 independent contractor deductions lower the amount you'll ultimately have to pay in taxes as a self-employed ...

Claims shared online about "exciting news for pet owners" regarding potential tax deductions for animals were somewhat ...

Here are four situations that count toward a tax break and other gray areas to consider before claiming your pet costs on ...

Comparison of the accounting and tax treatment of interest expense may reveal crucial differences and lead to best practices ...

The taxpayer failed to substantiate that a theft occurred or, if it did, its tax year of discovery for his investments in an ...

business use, or charitable work. Here are a few scenarios: Service animals as a medical expense deduction You may qualify for this tax deduction if you have a certified service animal ...

Your 1099 independent contractor deductions lower the amount you'll ultimately have to pay in taxes as a self-employed contractor. "Not keeping good track of their business expenses is one of the ...