A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

Revenue agents will also want to make sure that there is a valid business purpose for the write-offs and that there are no shenanigans going on, such as taking deductions for personal expenses.

In this article, we'll look at some of the more popular home business write-offs, as well as some tips on how you can legitimately claim them. Keep detailed receipts for all expenses you deduct.

Tax season is here, so thoughts naturally turn to finding ways to save money. While most people stick to standard deductions ...

We found at least 10 tax write offs and breaks that New York residents can use to save money with the IRS. Here's the legal ...