Nolo's Top Ten Deductions for Professionals
Learn about the best tax deductions for professionals who own their own businesses.
Section 179: What Every Business Owner Needs to Know About This Depreciation Deduction
Don't miss out on this valuable business depreciation deduction, made even better under the Tax Cuts and Jobs Act.
Section 179 Tax Deduction Limits and First-Year Bonus Depreciation
The numbers keep changing: Here are the IRS Section 179 and bonus depreciation amounts under the Tax Cuts and Jobs Act.
The New Pass-Through Tax Deduction
With the new Section 199A deduction, pass-through business entity owners can potentially deduct 20% of their business income.
Bonus Depreciation Extended Through 2026 Under the Tax Cuts and Jobs Act
This valuable deduction for business owners is available (with a gradual phase-out) through 2026.
Deducting "Ordinary and Necessary" Business Expenses
Understand how to reduce your business taxes by deducting your business expenses.
Deducting Computers Bought for Work
Don't miss out on this important business expense deduction with more options under the Tax Cuts and Jobs Act.
The Home Office Tax Deduction
Running a business from home can help you lower your tax bill.
Tax Issues When Renting Out a Room in Your House
Find out what tax deductions you can get for renting a room in your home.
Using the Standard Mileage Rate to Deduct Business Driving Expenses
Learn the rules for deducting your local business travel expenses using the standard mileage rate.
Combine Work with Pleasure and Still Deduct Travel Expenses
You can combine business and vacation and deduct your expenses as long as you follow certain rules.