Category: Tax Tips & Strategies
NJ Business License and Registration Fees: Are They Tax Deductible?
NJ business registration fees, LLC annual report fees, and professional license renewals are generally deductible as ordinary business expenses — but new-profession licensing costs and LLC formation fees follow very different rules. What qualifies, what doesn’t, and how to tell the difference.
How the Can I Deduct This AI Deduction Finder Works
The Can I Deduct This AI Deduction Finder lets you describe your situation in plain English and instantly see which deduction categories apply to you — covering business, medical, home, and state-specific deductions. It’s free, takes 2 minutes, and requires no signup.
Top 10 Tax Deductions People Miss Every Year (And How to Find Yours)
Millions of Americans miss these 10 common deductions and credits every year — including student loan interest, the Saver’s Credit, and self-employed health insurance. See the actual 2026 income limits and dollar figures for each, including a major change to the educator expense deduction.
Medical Deduction vs. HSA: Which One Saves You More on Taxes?
HSA contributions and the Schedule A medical deduction both reduce taxes on healthcare costs — but they work differently and can’t be applied to the same expenses. See which saves more for your situation and when to use both together.
1099 vs W-2: How Your Tax Deductions Change When You Go Self-Employed
Going from W-2 to 1099 means paying self-employment tax — but it also unlocks home office, mileage, equipment, and health insurance deductions employees can’t access. Here’s how your deduction picture changes when you go self-employed.
Pennsylvania Property Tax/Rent Rebate Program 2026: How to Apply and What You Get
Pennsylvania’s PTRR program provides rebate checks up to $1,500 for qualifying seniors, widows/widowers, and people with disabilities. The 2026 deadline was extended to December 31 — here’s who qualifies, how much you can get, and how to apply through myPATH.
PA Schedule UE 2026: Pennsylvania Unreimbursed Employee Business Expense Deduction
Pennsylvania still allows W-2 employees to deduct unreimbursed work expenses — and after the 2025 One Big Beautiful Bill Act made the federal suspension permanent, PA Schedule UE is now the only place to claim them. What qualifies, PA’s stricter home-office test, and how to document it.
NJ Pension and Retirement Income Tax Rules 2026: What’s Taxable, What’s Exempt
New Jersey exempts all Social Security from state tax and lets retirees 62+ exclude up to $100,000 of pension and IRA income (MFJ) below $100,000 in gross income — phasing out completely at a hard $150,000 cliff. Here’s the exact bracket table.
NJ Property Tax Deduction 2026: How Much You Can Deduct on Your NJ-1040
New Jersey homeowners can deduct up to $15,000 in property taxes on their NJ-1040, separate from the federal SALT cap — which jumped from $10,000 to $40,000 in 2025. How the NJ deduction, the $50 credit alternative, and the higher federal cap all fit together.
TurboTax vs FreeTaxUSA 2025: Is the Price Difference Worth It?
TurboTax can cost over $270 for a self-employed return. FreeTaxUSA charges $15.99 total. We break down exactly what you get for the price difference — and when TurboTax is actually worth it.