Navigating the financial landscape as a freelancer or gig worker can be challenging. Learn how to effectively separate ...

Let’s say you’re part of a partnership or a multi-member LLC taxed as a partnership. You have probably picked up the tab for ...

Here are a few scenarios: You may qualify for this tax deduction if you have a certified service animal, such as a guide dog for ... count as a deductible business expense. Even cats at popular ...

In our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers readers' questions on tax deductions and ...

You may be able to claim a credit for child and dependent care services worth up to $6,000. To do this, you'll need to fill ...

Prior to 2018, most union members could deduct their dues as an unreimbursed employee business expense. The Tax Cuts and ... Here’s a step-by-step guide on how to deduct union dues. Generally state ...

However, the IRS would classify my activity as a hobby and disallow the deduction. So be careful when you are deducting your side interests as a business expense as the IRS can, and will ...