Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

Maura Healey that they fear could further strain their budgets. The proposal would cap the state’s tax deduction for ...

When discussing what your clients might donate to charity, consider appreciated non-cash assets. Your client can always ...

From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.

If you itemize your tax return using Schedule A, you may be able to deduct certain charitable contributions. A tax deduction lowers your taxable income, meaning you’ll ultimately owe less to the ...

When it comes to donating stocks, the key to maximizing the tax advantages comes down to whether or not your investment is ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

Nebraskans with disabilities would be able to apply for expanded savings accounts propelled by tax breaks for private ...

Treasury says the proposed deduction for charitable food donations could lead to companies pocketing millions for donations already being made.

Clients can donate both permanent life insurance (including whole life and universal life) and term life insurance to charity, but the donation options differ.

Here are the best tax software deals to shop at Amazon.

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...