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2. Can I Deduct Rent on My Taxes? - AOL

   www.aol.com/deduct-rent-taxes-150852292.html

   If you’re wondering whether you can deduct your rent on your taxes, the short answer is yes. You can deduct rent if you live in a state that allows it. However, only 22 states offer this type of ...

3. I’m a Tax Expert: 4 Things You Didn’t Know Could Be Tax Write ...

   www.aol.com/m-tax-expert-4-things-130030508.html

   Zaher Dehni, the CEO at Taxfully, shared that his clients are often shocked when they hear it for themselves. “You can either deduct mileage — $0.65 per mile in 2024 — or actual expenses ...

4. I paid a six-figure tax bill this year and I’m fed up - AOL

   www.aol.com/finance/paid-six-figure-tax-bill...

   The short answer: yes. There are a handful of options that can help you lower (or eliminate) your taxes legally. ... tax, try to deduct every possible business expense, from office rent and work ...

5. Home mortgage interest deduction - Wikipedia

   en.wikipedia.org/wiki/Home_mortgage_interest...

   Canadian federal income tax does not allow a deduction from taxable income for interest on loans secured by the taxpayer's personal residence, but landlords who own rental residential or commercial property may deduct mortgage interest as a reasonable business expense; the difference between the two being that the deduction is only allowed when ...

6. Rich Americans are using the Augusta Rule to generate tax ...

   www.aol.com/finance/rich-americans-using-augusta...

   If you have a tenant for 14 days or less and earn rental income from them, you don't have to report the money you earn. The bad news is, not everyone can earn a good amount of money from a short ...

7. Write-off - Wikipedia

   en.wikipedia.org/wiki/Write-off

   In income tax calculation, a write-off is the itemized deduction of an item's value from a person's taxable income. Thus, if a person in the United States has a taxable income of $50,000 per year, a $100 telephone for business use would lower the taxable income to $49,900. If that person is in a 25% tax bracket, the tax due would be lowered by ...