Home-related tax deductions may be less valuable in 2018

Home-related tax deductions may be less valuable in 2018

Home ownership is a key element of the American dream for many, and the U.S. tax code includes many tax deductions that help support this dream. If you own a home, you may be eligible for several valuable breaks when you file your 2017 return. But under the Tax Cuts...
Small businesses reduce taxes with Section 179 expensing

Small businesses reduce taxes with Section 179 expensing

If you purchased qualifying property by December 31, 2017, you may be able to take advantage of Section 179 expensing on your 2017 tax return. You’ll also want to keep this tax break in mind in your property purchase planning, because the Tax Cuts and Jobs Act (TCJA),...