"Last year we helped one of our clients save probably $1.8 million in taxes just by doing a cost seg — and the cost seg only ...

If you’re not eligible for the standard deduction, or you expect that your allowable deductions might exceed the standard deduction amount, you can use the itemized deduction method using ...

Commuting expenses incurred between your home and your main place of work, no matter how far, are not an allowable deduction. Costs of driving a car from home to work and back, again, are personal ...

Homeowners have two choices when claiming deductions to reduce their taxable income: the standard or itemized deduction. But ...

If you had substantial health care expenditures last year, you may be able to deduct some of them from your taxable income.

Pursuant to the enactment of Republic Act 12066, otherwise known as the Create More (Maximize Opportunities for ...

days of the lease ending The only allowable deductions from a security deposit may be for unpaid rent or damage caused by the tenants. If any deductions are made, the landlord/property manager must ...