Tax filing for 2026 is shaping up to be very different from the last few years, with a larger standard deduction and a fresh ...

As a business owner, I’ve seen countless entrepreneurs try to push the boundaries of what counts as a legitimate tax deduction. The line between smart tax planning and outright fraud isn’t always ...

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Legal fees as income? Why worry about deducting legal fees? Most ...