Author: Can I Deduct This

If you’re wondering whether your doctor bills, prescriptions, and hospital visits can actually lower your tax bill — the answer is yes, but only if you know the rules. The IRS allows you to deduct medical expenses that exceed 7.5% of your Adjusted Gross Income (AGI). This guide walks you through the exact calculation —…

NYC small business owners and side hustlers face federal, state, city, and UBT taxes — but they also have access to some of the most powerful deductions in the tax code. This introductory guide covers the key write-offs for New York entrepreneurs: home office, mileage, business meals, advertising, and more.

Healthcare in NYC is expensive — and those costs may be more deductible than you think. This guide explains the 7.5% AGI threshold, what qualifies (therapy, dental, vision, prescriptions), what doesn’t, and how to quickly calculate whether you’re leaving a real deduction on the table.

NYC renters pay some of the highest rents in the country — and self-employed workers who use part of their apartment for business can deduct a significant chunk of that cost. This guide breaks down who qualifies, the simplified vs. actual method comparison, and why the choice matters so much in high-rent New York markets.

NYC freelancers and self-employed workers have access to powerful deductions — but also face unique challenges like the NYC Unincorporated Business Tax and three layers of income tax. This guide covers the home office, mileage, health insurance, and other key write-offs for New York’s self-employed workforce.