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Tax Write-Offs: Where Business Ends and Fraud Begins

As a business owner, I’ve seen countless entrepreneurs try to push the boundaries of what counts as a legitimate tax deduction. The line between smart tax planning and outright fraud isn’t always ...
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SALT Write-Offs: Trump Tax Changes and Requirements

The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...
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LLC expenses cheat sheet: 16 tax write-offs for businesses

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, ...
Morningstar

IRS to Flag Excessive Business Deductions in 2025 - Clear Start Tax Shares What Write-Offs Could Trigger an Audit

IRS enforcement priorities shift toward questionable write-offs, putting small business owners and self-employed taxpayers on notice in 2025. IRVINE, CA / ACCESS Newswire / September 10, 2025 / The ...
People

Madeleine White Addresses Claim That Influencers Can Include Luxury Purchases on Tax Write-Offs

The influencer took to TikTok to address recent questions floating around on social media about whether influencers can "write-off" certain purchases as business expenses Madeleine White Fedyk/TikTok; ...
AOL

Dave Ramsey: ‘There’s No Tax Write-Off for a HELOC’ When Used for Everyday Spending

The 2017 Tax Cuts and Jobs Act eliminated HELOC interest deductions except for substantial home improvements. A financial advisor incorrectly recommended a $50,000 HELOC for tax benefits that no ...
Insurancenewsnet.com

LLC expenses cheat sheet: 16 tax write-offs for businesses

LLC expenses cheat sheet: 16 tax write-offs for businesses Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you ...