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, ...

Every closet has a few ghosts of holidays past: the sweater that never fit, the gadget that never left its box, the toy your kid outgrew in a week. With a little planning, those misfires can still pay ...

Seniors living on a fixed income face unique financial challenges, but the underlying theme is their desire to maximize retirement savings. Some costs are unavoidable as you age, but the good news is ...

Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Legal fees as income? Why worry about deducting legal fees? Most ...