It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office
Read MoreTag: ordinary and necessary
IRS Issues Guidance On Business Deductions For Meals & Entertainment
The IRS has issued transitional guidance on business meals and entertainment under the Tax Cuts and Jobs Act (TCJA).
Read MoreJason Derulo Wants To Deduct $73,000 On His Taxes For Twerk-Related Expenses
Entertainer Jason Derulo had a big night in Los Angeles earlier this week when he dropped tens of thousands of dollars at a Hollywood nightclub to promote his new single, Swalla. Can he deduct it? Derulo thinks he can.
Read MoreNFL Fines, Suspends Ray Rice: Is The Hit To His Wallet Tax Deductible?
On February 15, Baltimore Ravens running back Ray Rice got onto an elevator with his then-fiancee, now-wife Janay Palmer in Atlantic City, New Jersey. When
Read MoreAsk The Taxgirl: Eating Your Words (Food Bloggers & Deductions)
Taxpayer asks: Can food bloggers write off ALL or part of their ingredients from the recipes they post on their food blog? And/or, can they
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