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 The IRS has not repealed key...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...
Deductions, Individual taxes
On August 12, 2014, the IRS announced that the “Taxpayer Bill of Rights” is now available in six languages. The current version of Publication 1, Your Rights as a Taxpayer, is now posted on www.IRS.gov. The available languages include: English, Spanish, Chinese,...
Deductions, Individual taxes
The Internal Revenue Service will begin accepting electronically filed individual tax returns today (Jan. 31, 2014) to officially open the 2014 filing season. The IRS encourages taxpayers to use e-file as one of the fastest way to receive refunds. The delay in the...