The IRS has issued transitional guidance on business meals and entertainment under the Tax Cuts and Jobs Act (TCJA).
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Game Offers Tax Advice To Rappers: Write Off Strippers, Sneaks, And Medical Marijuana
Rapper The Game (or simply, Game), born Jayceon Terrell Taylor, has some tax advice for his fellow rappers. Only, he probably needs to stick to rapping. And I need to stick to tax advice. Trust me on both of these things.
Read MoreWhy Santa Claus Won’t Have To Pay Income Tax This Year
It’s Christmas Eve and, at my house, we’re busy preparing for guests. Mostly, we’re waiting on the cousins but my kids are also waiting for
Read MoreThe Business Of Being Lindsay
Ah, Lindsay Lohan. Always good for water cooler conversation. According to the gossip site TMZ, Lindsay is facing legal woes again. This time, she allegedly
Read MoreBack To School: Education Costs As Business Expenses
It’s common to think about education expenses as they relate to fresh-faced college students just starting out – but what about the rest of us?
Read MoreAsk The Taxgirl: Business Expenses
Taxpayer asks: I give monthly to a Christian Radio Station. Is this considered a deduction since it comes out of my blogging business account, not
Read MoreTaxes From A To Z: K Is For Kickbacks
Oh c’mon. You totally knew that I was going to choose kickbacks, right? The rules governing illegal activity and taxes are some of the most
Read MoreTaxes From A To Z: D Is For Depreciation
Nothing lasts forever. Things you buy age, they wear down and sometimes, they become obsolete. That’s more or less the essence of depreciation. For federal
Read MoreTaxes From A To Z: B Is For Business Mileage
Section 162 allows taxpayers to deduct expenses incurred in the course of a trade or business that are deemed “ordinary and necessary.” One of the
Read MoreSenate Votes To Eliminate Tax Deduction For Punitive Damages
When I was a little girl, rather than completely clean up my room, I used to decorate it. I’d make a tissue flower and put
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