Tax deductions

Owing $2 million in taxes, the "Machete" star and prolific businessman jokes that he now understands dog grooming isn't 'a legit expense.'

The 2023 season just opened, but you should still plan now for next year.

A chief counsel memo says taxpayers who want to claim tax deductions for donating cryptocurrency need to first receive a "qualified appraisal" if the amount exceeds $5,000.

Amid the end of pandemic credits and investment losses, filing a federal return this year has sobering moments.

Engineered Tax Services has acquired grant education and training firm J.E. Salazar & Associates as well as R&D credit advisory firm Tax Credit Advisors.

The service upped the rate for business use, but left medical, moving and charitable rates the same.

An in-depth look at the service's rules around how to boost certain Inflation Reduction Act incentives.

The Inflation Reduction Act heavily modified the Section 179D Energy Efficient Commercial Building Deduction and the Section 45L Energy Efficient Home Credit.

Dozens of audit triggers litter Donald Trump's tax returns, according to Congress's top nonpartisan tax lawyers.

Certain wealthy people have placed big bets on the companies that made them rich for decades without the IRS objecting.