Learn about IRS Publication 535, crucial for business owners to understand deductible expenses to reduce taxable income.

Nathan is a lifelong gamer, harkening back to a misspent youth blasting Kirby Superstar and Super Mario All-Stars on his bedroom floor. Some of us are that old. This began a long-term love affair with ...

President Donald Trump’s One Big Beautiful Bill Act, which was recently signed into law, offers Americans a number of tax benefits. It makes many of the changes from the Tax Cuts and Jobs Act (TCJA) ...

Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...

What Does Tax-Deductible Mean? The U.S. tax system can be a bit convoluted, and if you’re trying to learn every single aspect about filing taxes, you’ll find yourself deep in a rabbit hole. The good ...

The IRS allows you to take a charitable deduction on your tax return for qualified donations of cash or property if you itemize your deductions, but the rules can be confusing. For example, how much ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. The season of giving is upon us. While many use December as an opportunity to ...