Luckily, car expenses and mileage can be one of the largest tax write-offs for entrepreneurs. The IRS standard mileage rate for tax deductions is typically near 65.5 cents per mile.

If you are an employed physician, regardless of setting, your career will be rewarding in many ways, including the sense of ...

Auto loan interest write-offs nearing comeback. The U.S. House of Representatives has passed President Trump’s sweeping tax bill, nicknamed the “Big Beautiful Bill,” which includes an above ...

You would have to have pushed above that $5,000 threshold in 2024 to receive a 1099-K for this tax season. Resale platforms such as StubHub, Ticketmaster, Etsy, eBay and others all list ...

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 tax deductions as you can take.