Business taxes, Deductions, Home Office, Individualtaxes
7 Ways to Maximize the Home Office Deduction in 2025 The Home Office Deduction in 2025 is one of the most valuable yet often misunderstood tax breaks for freelancers, gig workers, and small business owners. By understanding the IRS rules, choosing the right method,...
Individual taxes, Deductions
Introduction: Don’t Miss These New Deductions in 2025 The 2025 tax code quietly introduced three powerful deductions that many taxpayers may not even know exist: deductions for tip income, overtime pay, and auto loan interest. These changes arrived as part of the...
Business taxes, Deductions, Home Office, Individual taxes, Side Hustle, Tax Planning
Freelancer Tax Deductions in 2025: What the IRS Still Allows (and What It Doesn’t) Freelancer tax deductions in 2025 continue to be one of the most powerful tools for reducing your taxable income as a self-employed professional. The IRS has not repealed key...
Deductions, Individual taxes, Tax Planning
Top 10 Overlooked Tax Deductions and Credits for 2025 Many taxpayers leave money on the table every year by missing out on deductions and credits they’re eligible for. While the tax code is complex, identifying these overlooked opportunities could save you thousands....
Retirement, Deductions, Social Security
What the “One Big Beautiful Bill” Means for Social Security Taxes in 2025 On July 4, 2025, President Trump signed into law the One Big Beautiful Bill (OBBBA)—a major tax-and-spending package containing several provisions impacting federal income taxation. One key...
Business taxes, Deductions, Individual taxes
Pooling resources among citizens is quickly becoming an effective way to reduce cost, and make ends meet during trying financial times. Households are discovering that sharing capabilities such as transportation and lodging can relieve financial pressures of day to...
