Got REPS?

Real Estate Professional Status can change how rental losses are treated—but qualifying takes more than 750 hours. Learn the REPS tests, material participation rules, spousal hours, documentation, and... ...more

Other ,IRS &Deductions

September 30, 2026•12 min read

Got REPS?

Deduct Gifts to Clients? 2026 Update

Client gifts can strengthen business relationships, but the tax deduction comes with limits. Learn the $25 IRS rule, which extra costs may qualify, promotional-item exceptions, and common client-gift ... ...more

Taxes ,IRS &Deductions

September 15, 2026•8 min read

Deduct Gifts to Clients? 2026 Update

Maximizing Your Tax Deductions with Mileage Tracker Apps

Track your business miles the smart way! Mileage tracker apps can simplify recordkeeping, separate business and personal trips, and help protect valuable vehicle deductions at tax time. ...more

IRS ,Deductions

August 26, 2026•5 min read

Maximizing Your Tax Deductions with Mileage Tracker Apps

STOP! Don’t Try to Write Off These 5 Things

The internet is full of people telling business owners what they can “write off.” Buy it through the business, put your logo on it, or call it marketing—and suddenly, it is supposedly deductible. Un... ...more

Taxes ,Expenses IRS &Deductions

August 17, 2026•5 min read

STOP! Don’t Try to Write Off These 5 Things

How To Use Suspended Real Estate Losses

Real estate deductions do not always create an immediate tax benefit. Sometimes the deductions are valid, but the net passive activity rules put them in a holding pattern. ...more

Taxes ,IRS &Deductions

August 12, 2026•5 min read

How To Use Suspended Real Estate Losses

Can I deduct Travel Expenses?

Can you deduct travel expenses? It depends on why you’re traveling. Learn which business, rental, medical, military, and charitable travel costs may qualify, what doesn’t, and how proper records can p... ...more

IRS ,Deductions

August 04, 2026•3 min read

Can I deduct Travel Expenses?
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