Fact checked by Vikki Velasquez Among tax write-offs, deductions, and credits, you have a few different ways to ease the financial burden of paying your taxes. With these tax advantages, you can ...

I'm an accountant who knows a lot about taxes and what you can write off on your tax return. Trust me when I say this: Yes, some pet expenses can give you a tax break.

Tax Code 179, the special deduction to write off equipment in the year purchased, was extended permanently in 2015 ...

Mike Polk Jr. Tax Day: Bizarre-but-true write-offs that actually worked These examples are the kind of creative financial maneuvering that this country was founded upon.

The One Big Beautiful Bill Act made the Qualified Business Income deduction more accessible to business owners.

When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct luxury expenses. But taxpayers shouldn’t try to write off that trip to ...

It would make gambling losses an itemized tax write-off. So people who use the standard deduction on their taxes wouldn't be eligible to take the write-offs.

Not everyone can claim this tax write-off this year, but maybe next year. — -- When the time comes time to do your taxes, it really pays to be a parent. "If you're supporting your kids and ...