As a business owner, I’ve seen countless entrepreneurs try to push the boundaries of what counts as a legitimate tax deduction. The line between smart tax planning and outright fraud isn’t always ...
The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...
Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...
IRS enforcement priorities shift toward questionable write-offs, putting small business owners and self-employed taxpayers on notice in 2025. IRVINE, CA / ACCESS Newswire / September 10, 2025 / The ...