Learn about the tax write-offs and small business tax deductions you may be missing and get ideas for how to use them.
Whether you publish videos on YouTube, write newsletters on Substack, or sell courses on Teachable, find out what you can write off as a content creator.
Full disclosure: we’re going to go into a list of potential write-offs in this post to give you ideas, but you should talk to a professional accountant about your own business situation and identify legitimate write-offs. Tax laws change over time, and the best accountants will make sure ...
Write-offs are only valid if you truly are a business. You can’t write off anything if you’re simply a hobbyist and, unfortunately, music always looks suspiciously like a hobby to the government. There are two ways to signal that you have a legitimate music business: Create a company ...
Combined with other good ideas such as spending caps and federalism, there might be a winning message for the right candidate. By the way, I’m not the only person to write about resuscitating tax reform. Here are some excerpts from a column earlier this year by Cal Thomas for Jewish ...
If you own rental property, you must determine whether, rather than merely holding investment property. Only income from businesses is taken into account for the QBI deduction. If it's been a bad year Despite the solid U.S. economy, not all businesses are prospering. If your pass-through ...
Jonathan Weisman
The new world of policy debate reflects Trump’s towering influence over a GOP that he has transformed, boosting ideas once considered quixotic or ill-advised in Washington. ByVictoria Guida,Benjamin GuggenheimandKaty O'Donnell|November 19, 2024 05:00 AM ...
If you think these may exceed the standard deduction, you may want to consider bunching enough deductions into 2024 to capture a larger write-off by itemizing deductions. Itemizers can also deduct donations of appreciated assets held longer than one year to a qualified public charity and deduct ...
dba Write Here, a division of SKB Editorial Services, LLC And a bit of housekeeping. Note 1: Some of the links on this site are affiliate links. That means that if you click through from a Don't Mess With Taxes link and then buy the product, I receive a commission.Note 2: Links ...