From mileage to health insurance, here are the tax write-offs freelancers and gig workers should know to lower taxable income this season.
For members of the National Guard or military reservists, you can deduct partial travel expenses for attending meetings or drills more than 100 miles from home, even if you don’t itemize. You can ...
Can you claim the home office tax deduction this year?
Learn who qualifies for home office tax deductions, how to calculate them, and other business write-offs like car mileage and supplies.
National Association of Tax Professionals director of tax content Tom O'Saben joins Market Domination Overtime host Josh ...
This type of insurance includes liability coverage, which can shield you if you're found at fault for damages to someone else. It also pays to repair or replace your property's structure if it's ...
New IRS Schedule 1-A for 2025 introduces 4 new deductions for tips, overtime, car loan interest and seniors. These changes could lower your tax bill.
Taxes usually feel straightforward until real life complicates them. Beyond the familiar deductions, the IRS has approved a ...
In December 2025, the Trump administration accelerated the process of reclassifying marijuana from Schedule I to Schedule III ...
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025.
H&R Block's service asks lots of questions related to potential tax breaks, looking for savings that can come, for example, from cash and noncash charitable donations, and H&R Block was able to find ...