TaxAudit Blog

Tag: hobby

Sailboat Racing

The qualified business income deduction is calculated by taking the income and losses from all your business activities and netting them into one amount.

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Grandmother driving Grandchild

My wife drives to transport our granddaughter to our house to watch for the day. Is this to-and-from mileage deductible as a job-related expense?

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Woman at desk with head down on tax forms, holding a pencil and calculator.

Below is a list of misconceptions and examples of misinformation taxpayers may encounter during the upcoming tax season.

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