IRS Warnings Regarding Health and Wellness Deductions According to the IRS, personal expenses related to health and wellness are not viewed as medical expenses. Similarly, if you have a...
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Disaster and Taxes: Understanding Casualty Loss Marshall, North Carolina, a town of about 800 people, was more or less wiped off the map on Sept. 27, 2024, by Hurricane...
Using the Section 179 Deduction Section 179 of the U.S. tax code offers a tax incentive to small and medium-sized businesses by allowing them to take a full deduction...
Estate Planning With Blended Families A blended family often brings joy — there are more people to love and be loved by. As your family expands, you will want...
The Section 199A Deduction Section 199A of the Internal Revenue Code provides many owners of sole proprietorships, partnerships, S corporations and LLCs, as well as some trusts and estates,...
All About Schedule D: Capital Gains Schedule D is the IRS tax form that reports your realized gains and losses from capital assets — investments and other business interests....