The home office deduction allows some taxpayers to deduct certain home office expenses on their tax returns. Employees are not elidable for home office [...]
As the new school year begins around the country, students and educators may benefit from these money-saving programs and opportunities. Educators should note, that [...]
Many vacation homeowners tend to rent out their homes for part of the summer. If this is your first-year renting, or maybe you’re looking [...]
Gifting assets to someone during your lifetime can be an effective estate planning strategy. Lifetime gifting can provide your beneficiaries with immediate use of [...]
Effective July 1, 2022, the standard mileage rate for business use of an automobile will increase to 62.5 cents. This is an increase of [...]
As of January 1st, 2022, the standard mileage rate for business use of a car, van, pickup truck, or panel truck has risen to [...]
The IRS has released Notice 2021-63, which clarifies the temporary 100% business meals deduction for food or beverages from restaurants in 2021. Normally, there [...]
