Tax Relief Insights & IRS Help Articles
Allowed vs Allowable Depreciation: Why Skipping Depreciation Can Backfire | IRSProb Skip to main content 0% 📋 📋 Quick Navigation The Rule in Plain English
February 9, 2026
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Category: Tax deductions
Business Tax Benefits
Tax laws are constantly shifting, and business owners often feel the impact the most. One recent proposal aims to raise the State and Local Tax
February 20, 2025
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Business Tax Benefits
If you’re a business owner, taxes aren’t just numbers on a page—they’re a major factor in your financial future. One ongoing tax headache is the
February 20, 2025
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Business Tax Benefits
Why Cybersecurity Matters for Your Business Imagine coming to work and finding your entire system locked by hackers. You can’t access customer data, financial records,
January 19, 2025
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Tax Preparation Options
In recent news, Intuit, the company behind TurboTax, faced backlash from the National Association of Tax Professionals (NATP) over a recent ad campaign. The ad,
December 20, 2024
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Business Tax Benefits
If you’re a business owner looking to make a smart investment before year-end, don’t overlook the tax benefits of purchasing a business vehicle. By acting
December 16, 2024
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Business Tax Benefits
As we approach the end of the year, many business owners are preparing to distribute bonuses to employees. Bonuses are a great way to reward
December 16, 2024
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Charitable Deductions
Charitable contributions are an excellent way for businesses to support their communities, reduce taxable income, and foster goodwill among customers and employees. However, understanding the
December 2, 2024
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Self-Employed Tax Mistakes
Clergy members, including ministers, pastors, and other religious leaders, face unique tax challenges due to the dual status they often hold as both employees and
December 2, 2024
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Home Office Tax Deductions
Running a daycare business can be rewarding, but it comes with its own set of challenges, especially when it comes to taxes. Whether you’re operating
November 29, 2024
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Tax deductions
As a business owner, you’re always looking for ways to optimize your tax strategy, and sometimes, opportunities come from unexpected places. Did you know that,
October 31, 2024
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Business
One of the biggest tax-related questions for business owners is whether the IRS will classify an activity as a business or a hobby. The answer
October 28, 2024
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Business Tax Benefits
As Halloween approaches, it’s the perfect time to take inspiration from some iconic horror figures for a fresh look at your business strategies. This post
October 28, 2024
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Business Tax Benefits
For many small business owners, maximizing deductions can significantly reduce tax burdens, and Section 179 of the tax code offers one of the most powerful
October 24, 2024
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IRAs
For business owners planning for the future, individual retirement accounts (IRAs) offer key advantages, especially Traditional IRAs. Knowing how to use them to your benefit
October 22, 2024
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Home Office Deduction
If you run a business from home, understanding how to take advantage of the home office deduction can significantly reduce your tax burden. The rules
October 22, 2024
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Small Business Tax Help
As the year draws to a close, now is the perfect time to consider year-end tax planning strategies. Tax laws for businesses continue to evolve,
October 22, 2024
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Medical
Medical expenses refer to costs incurred for the diagnosis, cure, relief, treatment, or prevention of diseases. This includes expenses for equipment, supplies, and diagnostic devices
October 17, 2024
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Tax deductions
For many business owners, maximizing tax deductions is a key strategy to reduce taxable income and keep more money in the business. Itemized deductions, particularly
October 16, 2024
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Business Tax Benefits
The tax landscape around moving expenses has seen significant changes in recent years, and it’s crucial for business owners to stay informed about the current
October 15, 2024
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Business
Running a business as a partnership offers numerous advantages, but it also comes with its own set of responsibilities and tax considerations. Whether you’re new
October 14, 2024
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Business Tax Benefits
As a business owner, finding ways to legally reduce your taxable income is a smart move. The 2024 QBID offers a unique opportunity for eligible
October 11, 2024
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Business Tax Benefits
If you’re a business owner engaged in real estate, you’re probably familiar with the potential tax benefits of the Qualified Business Income (QBI) Deduction, which
October 10, 2024
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Tax deductions
Understanding the difference between repairs and improvements is critical for business owners, especially when it comes to tax deductions. Misclassifying these expenses can result in
October 9, 2024
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Capital Gains Taxes
As a business owner, staying informed about the tax implications of personal transactions—like the sale of your primary residence—can be crucial. The sale of a
October 8, 2024
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Business Tax Benefits
When it comes to running a business, every expense counts, and your vehicle is no exception. Whether you’re making deliveries, attending meetings, or visiting clients,
October 2, 2024
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Real Estate Taxes
As a business owner, you’re likely always looking for ways to minimize your tax burden. If you own rental properties, one tax break you should
October 2, 2024
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Small Business Tax Help
Expanding your business beyond domestic borders can be an exciting and lucrative venture. As small business owners increasingly dip their toes into the global market,
September 27, 2024
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Tax deductions
When managing your personal or business finances, every deduction counts. Medical expenses are one area where careful planning can lead to significant tax savings. If
September 25, 2024
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Real Estate Taxes
Finding your dream home can be exciting, but financing it can be a challenge, especially when you’re stuck in a situation where you can’t sell
September 19, 2024
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Real Estate Taxes
Investing in rental properties can be a lucrative endeavor, but it’s crucial for business owners to understand the tax implications that come with it. Whether
September 17, 2024
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Charitable Deductions
As a business owner, you’re likely always on the lookout for smart strategies to reduce your tax liability while supporting causes you care about. Charitable
September 17, 2024
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Business Tax Benefits
Introduction As a business owner, understanding tax deductions can significantly impact your bottom line. One area that often raises questions is the deduction of expenses
September 13, 2024
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Business Tax Benefits
Aircraft ownership can be an attractive proposition for business owners, offering convenience, flexibility, and potential tax benefits. However, when structured through an S Corporation, the
September 12, 2024
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Business Tax Benefits
As a business owner, you are likely always on the lookout for ways to maximize your tax deductions. One often-overlooked opportunity lies in the use
September 11, 2024
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Business Tax Benefits
Owning and leasing an aircraft can be an effective way to offset the high costs of ownership. However, as beneficial as this strategy might seem,
September 10, 2024
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Capital Gains Taxes
If you’re a business owner operating as an S corporation and considering shutting down your company, it’s crucial to understand the federal income tax implications
September 9, 2024
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Investment Taxes
Investing in raw land can be a strategic move for business owners looking to diversify their portfolios. Raw land, which refers to unimproved land without
September 6, 2024
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IRS tax planning
As the calendar year winds down, many small business owners are tempted to make last-minute purchases to maximize their tax benefits. While this can be
September 2, 2024
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Business Tax Benefits
In today’s competitive job market, attracting top-quality job candidates can be challenging for business owners. Offering an attractive fringe benefits package is a crucial strategy
August 30, 2024
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Business Tax Benefits
As a busy entrepreneur, finding ways to optimize your tax savings can significantly impact your bottom line. One such strategy involves combining business travel with
August 28, 2024
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Tax deductions
If you own a timeshare, understanding how to maximize tax deductions can be challenging, especially when you rent it out. The tax implications of owning
August 23, 2024
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Home Office Deduction
You can leverage your home office into a tax benefit for both you and your corporation by following these steps. Remember, careful documentation is key to proving your home office meets the IRS requirements.
June 17, 2024
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IRS
Navigating the intricacies of tax deductions for business meals can be challenging, especially with the IRS’s Sutter rule potentially reducing or denying your claims. In “Navigating the Tax Maze: How to Safeguard Your Dutch-Treat Business Meal Deductions,” we unravel the nuances of this rule, highlight triggers that might attract IRS scrutiny, and provide practical strategies to protect your deductions. Discover how to effectively document your business meal expenses to ensure they are recognized as legitimate, deductible costs.
June 3, 2024
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Tax deductions
The Tax Strategy Every Business Needs Now If you’re not leveraging captive insurance, you could be leaving money on the table. Captive insurance isn’t just
February 29, 2024
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Unravel the mystery of tax debt relief with IRSProb, your Texas tax relief specialists. Navigate IRS audits, tax liens with ease!
August 10, 2023
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Navigate small business tax woes with IRSProb’s expert guidance. Unravel tax liens, audits & more from our Texas tax relief specialists.
July 14, 2023
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Dive into the intriguing past of income taxes with IRSProb. Perfect for a July reflection! Tax relief expertise meets history lesson.
July 5, 2023
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Navigate the complex world of U.S. estate tax for non-citizens. Unravel domicile, situs, and tax treaties with IRSProb’s expert insights.
July 5, 2023
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Stay updated with IRSProb’s Summer 2023 legislative changes! Navigate tax relief, liens, and audits with our Texas experts.
July 1, 2023
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Unlock the potential of 529 plans for college savings with IRSProb. Learn how to maximize your education savings today!
June 27, 2023
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Get savvy with IRSProb’s guide on differentiating business, hobbies, and investments for tax purposes. Avoid IRS headaches today!
June 23, 2023
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Unlock the secrets of Real Estate Professional Status and overcome tax hurdles with IRSProb, your trusted Texas tax relief experts.
May 31, 2023
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