President Trump signed a budget plan into law Friday that has driven nursing home operators into “survival mode,” says a veteran provider whose heightened fears are widely shared by peers.

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

Congress has signed off on a $3.4 trillion legislative package featuring new tax breaks, spending cuts, and more funding for ...

Natalie Lennon. Source: SmartCompany via supplied. When tax time rolls around, most people focus on the obvious deductions, a new laptop, a few office supplies, maybe some work-from-home expenses.

Under the proposal, teachers may claim up to a $300 deduction on their state income tax return for eligible expenses such as professional development courses, books and other classroom supplies.

The home office tax deduction is a tax break that some self-employed people who work from home can take advantage of. Here's what you need to know.

In the 2023-24 fiscal year, the nursing home bed tax generated $641 million. So far, for 2024-25, it has generated $470 million. When asked about the tax the state sent News10NBC this statement: ...

In these cases, expenses related to the pet's care and maintenance may qualify for deductions. Tax deductions are not available for expenses related to pets that are simply for companionship.

"The downside is that your expenses have to exceed 7.5% of your income and need to be higher than your standard deduction (which is $15,000 in 2025 and $30,000 if you are married filing jointly).

Some truth exists to the claim that the IRS allows certain tax deductions on pet expenses, but critical requirements must be met. According to the Internal Revenue Service (IRS) and tax ...

Navigating tax season can be a rollercoaster, especially if you're self-employed or have a side gig. Determining what work expenses count as tax deductions can help you get a refund or lower your ...