Small business owners want to take advantage of every tax break they qualify for. So, one deduction that should be on your radar is depreciating assets. Depreciation can provide valuable income tax deductions that save small business owners thousands of dollars each year.
There’s good tax news for professionals in education. The IRS recently issued updated guidance on expense deductions for teachers and other education professionals under the COVID-related Tax Relief Act of 2020.
Eldercare provided by an unpaid caregiver is very common in the United States. Many of the adult population who are frail, disabled, or experiencing dementia receive care by an informal and unpaid caregiver, including a spouse, adult children, and close friends.
Eldercare provided by an unpaid caregiver is very common in the United States. Many of the adult population who are frail, disabled, or experiencing dementia receive care by an informal and unpaid caregiver, including a spouse, adult children, and close friends.