But thanks to the 100% bonus depreciation rule introduced in the Tax Cuts and Jobs Act and made permanent in Trump’s One Big ...

It is possible to legally trim your tax bill even when you have $0 in receipts on hand. Several major deductions and credits ...

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...

The One Big Beautiful Bill Act, passed by Congress on July 4, 2025, is a sweeping overhaul of the U.S. tax code. It includes well-publicized tax credits and deductions for seniors as well as for ...

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North Carolina state Rep. Keith Kidwell is a strong opponent of gambling, but he spoke in a legislative committee Tuesday pushing for a bill that would help gamblers avoid the big tax hits that some ...

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct luxury expenses. But taxpayers shouldn’t try to write off that trip to Mexico ...

After a well-publicized bench trail, a New York judge ordered former President Donald Trump to pay $355 million in penalties, concluding that the former president lied about his wealth for years. The ...

Republican members of New York’s congressional delegation have split over a deal to increase a tax deduction – the latest step in an intra-party dispute that could stall President Donald Trump’s ...