Opinion

This 100% write-off is 'permanently' back under Trump's beautiful bill. And it could save 6 or 7 figures for some US taxpayers. Are you one of them?

But thanks to the 100% bonus depreciation rule introduced in the Tax Cuts and Jobs Act and made permanent in Trump’s One Big Beautiful Bill, business owners can accelerate the tax deductions for ...
Yahoo

What Yoga Teachers Can (And Cannot) Write Off on Taxes

As a yoga teacher, you probably draw on intention and maybe even intuition to lead your students through their practice. But those talents, while valuable, won't exactly help you when it's time to do ...
Business Insider

Tax write-offs small-business owners shouldn't forget

Anything that you use to run your business could be a tax write-off, or an expense that can be claimed as a deduction to lower your taxable income, four small-business owners told Insider. This ...
The Nation

Do Charitable Write-Offs Pay Off?

Bill Gates and Melinda Gates at the Bill and Melinda Gates Foundation’s Goalkeepers Conference 2017 at Jazz at Lincoln Center in New York City. (PBG / AAD / STAR MAX / IPx via the Associated Press) ...

I just lost my job and my credit card company says it will write off $10,000 on a $30,000 debt. Should I accept?

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s called a debt settlement. The lender agrees to forgive the remaining $10,000, ...
People

Madeleine White Addresses Claim That Influencers Can Include Luxury Purchases on Tax Write-Offs

The influencer took to TikTok to address recent questions floating around on social media about whether influencers can "write-off" certain purchases as business expenses Madeleine White Fedyk/TikTok; ...
Seeking Alpha

Granite Point Mortgage Trust: Write-Offs Are Accelerating

Granite Point Mortgage Trust is a small mortgage REIT with a $3 billion loan book invested in floating rate loans. GPMT has experienced significant office loan defaults in Q2-Q4 2023, resulting in ...
Nasdaq

7 Luxury Items You Can Write Off in Taxes, According to Experts

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 Mexico ...
KOIN 6

Oregon ranks no. 8 among US states with highest tax write-off rates, study finds

PORTLAND, Ore. (KOIN) – Trying to reduce your bill before hitting submit on Tax Day? So are thousands of other Oregonians. A new study found Oregon ranks no. 8 among U.S. states with the highest tax ...
Deadline.com

Cancellations Of Completed Seasons Of TV Series; Experts Weigh In On Whether Trend Will Continue

It has all the makings of a new and disturbing trend in television — companies taking fully produced, unaired series and moving them off their books — but insiders are hesitant to say whether ...
KGW8

No, stores and restaurants can't deduct customer charity donations from their taxes

PORTLAND, Ore. — It's a scenario you've almost certainly encountered: you get to the front of the grocery store checkout line or the cash register at the fast food restaurant counter and your total ...