While deductions and credits can both positively impact your tax bill, credits can have the most influence. With a deduction, you are only reducing the amount of income subject to tax, but a credit ...

In this article, we'll look at some of the more popular home business write-offs, as well as some tips on how you can legitimately claim them. Keep detailed receipts for all expenses you deduct.

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct ...

An Orange County man has been indicted on tax evasion charges for allegedly using personal expenses, including gambling ...

Don’t leave money on the table when you prepare your 2024 income taxes. We’re here to help you claim all the expenses you can and minimize your tax obligation.

Revenue agents will also want to make sure that there is a valid business purpose for the write-offs and that there are no shenanigans going on, such as taking deductions for personal expenses.