The overwhelming majority of the NRRM's uncollectable taxes come from Erikson National Energy, which went bankrupt last year.

Modified adjusted gross income (MAGI) is often used by the IRS and other federal agencies to determine your eligibility for ...

New tax brackets released by the Internal Revenue Service mean that if you get a raise next year, there’s a chance your tax ...

Learn about the U.S. tax implications for call and put options, including short-term and long-term gains, exercising options, ...

Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...

John Murphy, a managing director of strategic advisory at Haig Partners, joined WSJ’s Take On the Week to break down the massive shifts under way in the auto industry. Photo: WSJ Late last month, GM ...

Stricter IRS rules on business write-offs expected to impact self-employed workers, freelancers, and small businesses this tax season IRVINE, CALIFORNIA / ACCESS Newswire / September 26, 2025 / The ...

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on the tax rules for ...

When Francisco Gil was an advisor at Wells Fargo, he twice used a tax form for independent contractors to try to write off expenses related to meals, travel and a Mercedes SUV. But the IRS rejected ...

Madeleine White is putting to rest misconceptions about what influencers are allowed to deduct as a tax write-off In a recent video, the influencer addressed a common question that she gets on her ...

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; ...