Tax deductions

The first quarter of this year finds businesses confronting plenty of tax and business challenges. Grant Thornton's latest tax guide provides some advice.

Rep. George Santos' first bill in Congress aims to boost the deduction from $10,000 to $50,000.

Affluent investors typically have more complicated financial lives and more ways to get things wrong when filing federal tax returns in 2023.

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.