Here's a breakdown of when funeral expenses are tax deductible, how to document these expenses for estate deductions and ...

Depending on how much you spend on dental care during the year, you might be able to deduct a portion of your dental care ...

Penalty-free retirement distributions, casualty loss deductions and delayed tax filing and payments can all provide some ...

Investment Zen/Flickr.com (CC by 2.0) Form 2106: Employee Business Expenses is a tax form from the Internal Revenue Service(IRS) that allows employees to deduct ordinary and necessary expenses ...

Tens of thousands of people are displaced in California and first responders are battling blazes. Here’s a guide to how you ...

The amount appears on the balance sheet and offsets fixed assets ... unbiased content in our editorial policy. Internal Revenue Service. "Depreciation Expense Helps Business Owners Keep More ...

If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required to use this form if you paid more than $600 in mortgage interest last year.

With the tax filing season now underway in the United States, here's everything you need to know to file in Minnesota.

Tax time is stressful for everyone, but there may be some good news for seniors receiving medical care in their homes, assisted living communities or skilled nursing settings. Not every expense is tax ...

The medical insurance premiums you pay on behalf of your employees can be deducted as an ordinary and necessary business expense on your Form 1040, Schedule C, thereby, reducing your taxable business ...

CEDAR RAPIDS, Iowa (KCRG) - More people could receive a tax form in the mail this year that they’ve never seen before: a 1099-K form. The 1099-K form is a requirement for companies like ‘Venmo’ and ...