A bevy of lawmakers, including the powerful vice chair of the U.S. House of Representatives' tax law writing committee, has introduced legislation seeking to restore the tax deduction for private ...

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

FONDA — The Montgomery County Legislature on Tuesday night voted 8-1 to again table a resolution to write-off $513,500 worth of county property taxes the city of Amsterdam was supposed to collect and ...

I'm an accountant who knows a lot about taxes and what you can write off on your tax return. Trust me when I say this: Yes, some pet expenses can give you a tax break. Your pet doesn't have to be paid ...

Not all expenses receive equal treatment under tax law. Deductible LLC expenses, also known as write-offs, are business-related costs that the IRS allows you to subtract from revenue, lowering your ...