Tax Season Greatest Hits: What Can Be Deducted from Taxes?

B4.5 Is It Deductible? Tax time.jpeg

The U.S. tax code is infamous for its complexity, and when it comes to figuring out what can be deducted from taxes, reading through the legalese in the code can make anyone’s eyes cross.  Still, it’s worth the effort. Deductible expenses are subtracted from the total income you report to the IRS, so the more


Here’s the Smartest Tax Move You Can Make in 2018

Male Couple Talking With Financial Advisor In Office

There are plenty of tax deductions Americans can take advantage of, at least until a tax-reform bill passes. Many of these are quite lucrative. Just to name a few examples, the mortgage-interest deduction, charitable-contributions deduction, and state and local tax deduction are worth thousands of dollars each to many taxpayers. However, there is one tax