Direct Tax

Can You Deduct Home Repairs and Depreciation on Rental Property?

Owning rental property can be a lucrative investment, not only because of rental income but also due to valuable tax…

4 weeks ago

Can You Deduct Car Registration Fees? What the IRS Allows

Each year, millions of vehicle owners pay car registration fees to their state’s Department of Motor Vehicles (DMV). These fees…

4 weeks ago

Can You Be Penalized for Honest Mistakes on Your Return?

Tax season can be stressful, and it’s easy to make a mistake when filing your return—especially with the complexity of…

4 weeks ago

Can Renters Claim Any Deductions or Credits? State-Based Tips

For many taxpayers, homeownership brings several tax breaks, such as mortgage interest deductions and property tax write-offs. But what about…

4 weeks ago

Can I Get My Refund on a Prepaid Debit Card? Pros & Cons

Taxpayers today have more options than ever for receiving their federal or state tax refunds. One increasingly popular method is…

4 weeks ago

Can I Get a Refund If My Investments Lost Money?

Investing in the stock market or other securities always comes with risk. Some years you make gains, and in others,…

4 weeks ago

Can I File Taxes Without a W-2?

Filing a tax return without a Form W-2 might seem impossible at first, especially for individuals who are accustomed to…

4 weeks ago

Can I File a Joint Return If My Spouse Is a Nonresident Alien?

One of the most common questions among married U.S. taxpayers with foreign spouses is whether they can file a joint…

4 weeks ago

Can I Claim My Girlfriend or Boyfriend as a Dependent?

Claiming a dependent on your tax return can lead to valuable tax benefits, such as access to certain credits and…

4 weeks ago

Can I Claim My Adult Child or Parent as a Dependent?

Many taxpayers assume that dependents must be minor children. However, the IRS rules allow you to claim other family members…

4 weeks ago

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