Blog
The overtime deduction and agriculture: Clearing up the confusion
Brandie O’Dell June 9, 2026 The federal overtime deduction does not create tax savings related to agricultural overtime. Instead, it introduces additional tracking requirements to separate regular wages from overtime
Pass-through Entity Tax Cuts
In planning your donations for 2018, be sure you know how much you’re allowed to deduct. Your deduction depends on more than just the actual amount you donate.
Buy those business assets now
Investing in business assets is a traditional and powerful year-end tax planning strategy, and it might make even more sense in 2018 because of the TCJA enhancements to Sec. 179 expensing and bonus depreciation.
Home green home
“Going green” at home can reduce your tax bill in addition to your energy bill, all while helping the environment, too. The catch is that, to reap all three benefits, you need to buy and install certain types of renewable energy equipment in the home.
What can you deduct when volunteering?
Because donations to charity of cash or property generally are tax deductible (if you itemize), it only seems logical that the donation of something even more valuable to you — your time — would also be deductible. Unfortunately, that’s not the case.
Tax Breaks for Teachers
When teachers are setting up their classrooms for the new school year, it’s common for them to pay for a portion of their classroom supplies out of pocket. A special tax break allows these educators to deduct some of their expenses.