Introduction With major changes proposed under Trump’s 2025 tax plan, proactive tax planning is more important than ever. From adjusted income tax brackets to expanded credits and deduction caps,...
Introduction Donald Trump’s 2025 tax proposal introduces some of the most significant personal tax changes in recent years. If passed, this legislation could reshape how much you owe (or...
One of the key tax advantages for self-employed individuals is the ability to deduct health insurance premiums directly from their income. This deduction can significantly reduce your taxable income...
Startup Cost Deduction When starting a new business, many costs are incurred even before operations officially begin. Fortunately, the IRS allows business owners to deduct startup costs under specific...
Introduction eBay sellers in 2025 need to think beyond listing and shipping. Once your sales cross $600, the IRS expects you to report that income whether or not eBay...