Deductions

Reduce your taxable income by claiming the available deductions to you. Updates to the itemized deduction thresholds, amounts, eligibility requirements; and standard deduction increase.

Is Dry Cleaning Tax Deductible? – What You Need to Know
When tax season rolls around, many people start looking for creative ways to maximize their deductions, and one question that…
Is Children’s Tylenol Tax Deductible?
Taxes can be confusing, especially when it comes to figuring out what medical expenses are deductible. One common question many…
Can You Write Off Unpaid Invoices on Taxes?
Running a business comes with its fair share of challenges, and unpaid invoices are undoubtedly one of the most frustrating.…
10 Tax Write-Offs for Solar Salespeople
Taxes can be tricky, especially when you’re in the field selling solar energy solutions and juggling client meetings, site visits,…
8 Common Tax Write-Offs for Freelance Artists
Taxes can be a headache for anyone, but when you’re a freelance artist, they can feel downright overwhelming. The good…
Tax-Deductible Expenses for Comedians
For comedians, navigating the world of taxes can be complex. As self-employed individuals, they often face unique challenges when it…
Tax Deductions for Large Vehicle Purchase
Purchasing a large vehicle can be a significant financial commitment, but understanding the tax deduction for large vehicle purchase can…
What Happens If Your Business is Deemed a Hobby?
Starting a business can be an exciting and rewarding venture, but it also comes with several legal and financial responsibilities.…
Can You Deduct Solo Meals for Self-Employed? Everything You Need to Know
For many self-employed individuals, managing tax deductions is one of the trickier aspects of running a business. One common question…
Graphic Designer Tax Deductions: How to Maximize Your Savings
If you’re a graphic designer, whether freelancing or running your own business, understanding graphic designer tax deductions can save you…