Deducting The Right Way®

IRS releases the 2022 mileage rate for business, medical, and volunteer driving trips.

We’re highlighting key aspects of the U.S. Tax Court case, Brown v. Commissioner, T.C. Summary Opinion 2021–4.

The 2021 American Rescue Plan (ARP) allows families to get monthly payments.

Each business operates in a different industry, so it’s natural that the tax deductions of one company will not match those used by another…

You’ll owe retirement account tax every time you make a withdrawal if you funded it with pre-tax dollars instead of after-tax dollars.

Find out if your meal deduction qualifies for the new percentage rate.

Find out the negative consequences of filing an OIC application

Money-saving strategies for your next business trip.

A freelance writer or self-published author operates a business as a self-employed person with reporting and payment obligations.