Credits & Deductions

Tax Deductions for Uber and Lyft Drivers

Uber, Lyft, and other rideshare drivers spend their days driving strangers from Point A to Point B. Just like any other business, Uber and Lyft drivers get to claim their mileage, gas, and other day-to-day expenses as business write-offs. Unlike regul…

Demystifying the Deduction: Standard vs. Itemized

The benefits of itemized and standard deductions shifted during the 2019 tax reform, leaving most filers with even more questions. In order to file your return with confidence, it’s important to stay informed.  

The standard deductio…

Cows, farming, and taxes: What you need to know.

Starting a farm? Already keeping a legacy alive? Then you know tax laws for farms are more complex than any new-fangled tractor engine. Even seemingly simple write-offs — like livestock — can operate differently on your return.
Luckily, We’ve got the d…

Groundhog Day and Income tax

Tucked inside the Pennsylvania town of Punxsutawney, a magical burrow awaits. Its resident, respected by many as the nation’s leading voice in weather prediction, readies himself for the spotlight. At 7:25 a…

Living donors can claim tax benefits

The world is full of secret heroes — everyday people who silently put more good into the world. Some perform everyday acts of kindness. Others save lives through organ donation. A generous offering that sometimes results in physical and financial chall…

Living donors can claim tax benefits

The world is full of secret heroes — everyday people who silently put more good into the world. Some perform everyday acts of kindness. Others save lives through organ donation. A generous offering that sometimes results in physical and financial chall…

What Does My Wedding Dress Have to do With My Taxes?

Ah, the picture-perfect wedding dress. The endless hours you spent finding that gown undoubtedly paid off in spades on your big day, culminating in a collection of photos to cherish for years to come — but where is it now? If yours is simply taking up …

What Does My Wedding Dress Have to do With My Taxes?

Ah, the picture-perfect wedding dress. The endless hours you spent finding that gown undoubtedly paid off in spades on your big day, culminating in a collection of photos to cherish for years to come — but where is it now? If yours is simply taking up …

Does your wig qualify as a tax write-off?

Medical expenses take many forms. Some, like prescriptions, crutches, and other means of treatment are obvious medical needs. Other deductions, like wigs, might be hiding in plain sight.

Does my wig qualify as a tax write-off?
You can’t w…