
Is Your Travel Day Personal or a Tax-Deductible Business Day?
Figuring out what’s legitimately tax deductible when it comes to travel days can sometimes be tricky for small business owners. When you travel to a

Figuring out what’s legitimately tax deductible when it comes to travel days can sometimes be tricky for small business owners. When you travel to a

Do you have a household employee such as a nanny, a caregiver for an elderly relative who moved in with you during the pandemic, or

Question I own rental property, and I just left my first IRS audit. The IRS auditor arrived at the audit with the county tax assessor’s

Taxpayer DJ is in an IRS audit of his 2018 tax return. It is now at the IRS appeals level. The vehicle in question is

Cryptocurrencies have gone mainstream. For example, you can use bitcoin to buy far more than you would think. To see, try googling “What can I

You will likely want to download this handy desktop reference and save the PDF on your computer or smartphone for easy reference. In just two

What happens when lawmakers enact a new tax? It starts small. It looks easy. In 1935, the self-employment tax topped out at $60. Those 1935

When Congress passed the American Rescue Plan Act in March, it made a little-noticed change in the tax reporting rules that will make it almost

As you know, tax credits are the best. Suppose your business hires a member of a targeted group. In that case, you can claim the

When you know the rules related to business mileage, you protect yourself in the event of an IRS audit, and pay less tax. Take Henry,
Copyright © 2026. Counting Pennies. The Value of Counting Pennies.