In this episode of Tax Tips, Jeffrey Levine of Buckingham Wealth Partners meets with Retirement Daily on TheStreet editor Robert Powell to discuss Section 179. Our tax expert gives us a quick lesson ...

Small-business owners and freelancers who work at home can still itemize tax deductions for expenses like rent, mortgage ...

Depreciation fees are considered the cost ... and workshops to increase your skill set and expertise are all tax deductible as long as they relate back to your immediate field and business.

For tax (and perhaps other) purposes, sole proprietors and single-member LLCs can typically put the title of a mixed-use ...

Very few people like tax season, but missing out on valuable deductions could mean leaving money on the table. Many taxpayers ...

On your personal Form 1040, you can deduct more than Schedule F income ... Schedule F in following years and will reduce SE tax. Excess bonus depreciation (that creates a loss) can only be carried ...

These tax deductions can help reduce a business ... registration fees, licenses, and depreciation (or lease payments) attributable to the portion of the total miles driven that are business ...

Owning real estate property overseas can be a great investment. U.S. cross-border tax planning and fully understanding U.S.

The home office deduction allows some filers to claim ... This can trigger taxes on the depreciation previously claimed or that could have been claimed, which can be a "nightmare," he said.

The IRS issued the 2025 depreciation limitations for passenger vehicles, including those for which bonus depreciation is applied.

Under Section 80-IA of the Income Tax Act, investors in electric vehicle charging infrastructure are eligible for a 100% ...