Deductions
14 articles tagged “Deductions”.
Crypto Taxes for Freelancers Paid in Bitcoin or Stablecoins
What happens at tax time when a client pays your invoice in crypto instead of dollars.
Section 179 vs. Bonus Depreciation: Deducting Equipment Purchases Immediately
Two different ways to write off a laptop, camera, or work vehicle in the year you buy it — and when each one makes more sense.
Qualified Business Income (QBI) Deduction Explained (Section 199A)
How the 20% pass-through deduction works, who phases out, and the paperwork that keeps it audit-proof.
Health Insurance Premiums Deduction for the Self-Employed
An above-the-line deduction that quietly saves self-employed taxpayers thousands — if the eligibility rules are met.
Charitable Donation Deductions: Cash vs. Non-Cash Contribution Rules
Giving is generous on its own — knowing the documentation rules is what actually protects the deduction.
Mortgage Interest Deduction Explained for Homeowners
One of the largest itemized deductions available — and one of the easiest to get slightly wrong.
Medical Expense Deduction: How the 7.5% AGI Threshold Works
You can't deduct medical costs from dollar one — here's the exact math the IRS applies before anything counts.
Real Estate Agent Tax Deductions: MLS Fees, Mileage, and Marketing Costs
Commission-based income comes with commission-sized deductions — if you know where to look.
Content Creator Tax Deductions: Equipment, Software, and Subscriptions You Can Write Off
From ring lights to editing software, here's what YouTubers, streamers, and influencers can legitimately deduct.
SALT Deduction Cap Explained: How the $10,000 Limit Affects You
State and local tax deductions used to be unlimited. Here is what changed, and how high-tax-state residents adjust.
Standard vs. Itemized Deductions: Which One Saves You More in 2026
The single most important decision on your tax return, explained with the exact IRS thresholds that decide it.
Uber and Lyft Driver Tax Deductions: The Complete Checklist
Every write-off a rideshare driver should be tracking, from phone mounts to platform fees.
Standard Mileage Rate vs. Actual Expenses: How to Deduct Business Driving the Smart Way
Two methods, one decision that can swing your deduction by thousands of dollars a year.
Home Office Deduction Guide for Freelancers: What You Can Actually Write Off
A practical breakdown of the simplified method vs. the regular method, and the exact square-footage math the IRS expects to see.