Federal Tax Deductions

Federal Tax Deductions Research & Guidance

The Lawi Taxation Law Platform is your trusted source for detailed analysis and insights on federal tax deductions. Our renowned Reports — written by leading practitioners — provide you with key analysis and compliance guidance on every aspect of federal tax deductions, including itemized deductions, at-risk rules, charitable contributions, bad debts, and more. Our experts give you real-world business scenarios providing best practices and alternative approaches to tax & accounting topics and transactions. Access practice tools, working papers, client letters, source documents, and overviews to see why tens of thousands of practitioners rely on Lawi for exceptional tax and accounting guidance.

Alimony| Bad Debts| Bribes and Kickbacks| Charitable Contributions| Dependency Exemptions| Depreciation| Dividends| Domestic Production Deduction| Educational Expenses| Equipment Leasing| Housing| Interest Expenses| Legal and Accounting Fees| Limitations| Lobbying and Political Expenditures| Medical Expenses| Moving Expenses| Penalties| Research and Development Expenses| Start-Up Expenditures| State and Local Taxes| Trade or Business Expenses

Alimony Federal Tax Research & Guidance

Turn to the Lawi Taxation Law Platform’s resource and reference tools for detailed federal tax analysis and guidance on alimony. Lawi gives you expert-written, in-depth analysis, real-life scenarios and examples, working documents, and much more. Our leading federal tax coverage of alimony includes child support, divorce, Section 71(b), separation, and more. Our team of practitioners — leading experts in their respective fields — gives you timely updates on the latest developments to help you reduce research time and improve your best practices. You’ll also get working papers, client letters, source documents, practice tools, and sample forms.

Bad Debts Federal Tax Research & Guidance

Access the Lawi Taxation Law Platform’s expert-written federal tax analysis and overviews on bad debts. Find practical tax research on bad debts topics, such as discharge-of-indebtedness income, restructuring financially troubled businesses, worthless debts, bad debt deduction, and more. Access the Lawi Taxation Law Platform’s detailed analysis, practice tools, client letters, source documents, and working papers to help you with any transaction.

Bribes and Kickbacks Federal Tax Research & Guidance

Find the in-depth analysis, overviews, practice tools, and guidance you need on federal tax transactions and topics related to bribes and kickbacks from The Lawi Taxation Law Platform. Lawi offers a number of resources that provide insights on new federal tax policies and developments concerning bribes and kickbacks, including illegal payments, burden of proof under Section 162(c)(2), deductibility, inclusiveness of public policy doctrine, and more. Our team of leading practitioners gives you timely updates on best practices, and our products feature working papers, client letters, source documents, and sample forms to help you deal with any transaction.

The Lawi Taxation Law Platform is your trusted source for detailed analysis and insights on federal tax transactions and topics relating to charitable contributions. Our renowned Reports — written by leading practitioners — provide you with key analysis and compliance guidance on every aspect of charitable contributions, including income tax deductions, federal gift tax, permissible donees, donor advised funds, and more. Our experts give you real-world business scenarios providing best practices and alternative approaches to tax & accounting topics and transactions. Access practice tools, working papers, client letters, source documents, and overviews to see why tens of thousands of practitioners rely on Lawi for exceptional tax and accounting guidance.

Dependency Exemptions Federal Tax Research & Guidance

The Lawi Taxation Law Platform is your trusted source for detailed analysis and insights on federal tax transactions and topics related to dependency exemptions. Our renowned Reports — written by leading practitioners — provide you with key analysis and compliance guidance on every federal tax aspect of dependency exemptions, including special deductions, married child filing jointly, divorced and separated parents, Section 152(3) requirements, and more. Our experts give you real-world business scenarios providing best practices and alternative approaches to tax & accounting topics and transactions. Access practice tools, working papers, client letters, source documents, and overviews to see why tens of thousands of practitioners rely on Lawi for exceptional tax and accounting guidance.

Depreciation Federal Tax Research & Guidance

Turn to the Lawi Taxation Law Platform’s resource and reference tools for detailed federal tax analysis and guidance on depreciation. Lawi gives you expert-written, in-depth analysis, real-life scenarios and examples, working documents, and much more. Our leading federal tax coverage of depreciation includes depreciable property, depreciation recapture, accelerated cost recovery system, bonus depreciation, and more. Our team of practitioners — leading experts in their respective fields — gives you timely updates on the latest developments to help you reduce research time and improve your best practices. You’ll also get working papers, client letters, source documents, practice tools, and sample forms.

Dividends Federal Tax Research & Guidance

Access the Lawi Taxation Law Platform’s expert-written analysis and overviews on federal tax transactions and topics concerning dividends. Find practical federal tax research on dividends topics, such as arrearages, corporate distributions, earnings and profits (E&P), consent and deficiency dividends, and more. Access the Lawi Taxation Law Platform’s detailed analysis, practice tools, client letters, source documents, and working papers to help you with any transaction.

Domestic Production Deduction Federal Tax Research & Guidance

Find the in-depth analysis, overviews, practice tools, and guidance you need on the federal tax transactions and topics related to the domestic production deduction from The Lawi Taxation Law Platform. Lawi offers a number of resources that provide insights on new federal tax policies and developments concerning every facet of the domestic production deduction, including 199 deduction, taxable income, qualified production activities income (QPAI), American Jobs Creation Act of 2004, and more. Our team of leading practitioners gives you timely updates on best practices, and our products feature working papers, client letters, source documents, and sample forms to fully equip you to deal with any transaction.

Educational Expenses Federal Tax Research & Guidance

The Lawi Taxation Law Platform’s unparalleled analysis of educational expenses enables you to receive a more in-depth understanding of existing and forthcoming federal tax policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our products offer comprehensive coverage of every major federal tax aspect concerning educational expenses, including qualified tuition programs, scholarships, Coverdell education savings accounts, tax credits for higher education, and more. Also included are practice tools, client letters, source documents, and sample forms to fully equip you to deal with any transaction.

Equipment Leasing Tax Deductions Research & Guidance

The Lawi Taxation Law Platform’s unparalleled analysis of federal tax deductions for equipment leasing gives you a more in-depth understanding of existing and forthcoming federal tax policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our products offer comprehensive coverage of every major federal tax aspect concerning equipment leasing deductions, including lease transactions, the reasons for leasing, various factors that have affected lease structures, sources of legal principles governing tax lease characterization, transactions of economic substance and anti-disavowal doctrines, conduit rules, partnership anti-abuse rules, tax-exempt entity leasing rules, and more. Also included are practice tools, client letters, source documents, and sample forms to fully equip you to deal with any transaction.

Housing Federal Tax Research & Guidance

Turn to the Lawi Taxation Law Platform’s resource and reference tools for detailed analysis and guidance on federal tax transactions and topics concerning housing deductions, credits and incentives, and income. LAWI gives you expert-written, in-depth analysis, real-life scenarios and examples, working documents, and much more. Our leading federal tax coverage of housing includes foreclosure, principal residence, mortgages, rental property, and more. Our team of practitioners — leading experts in their respective fields — gives you timely updates on the latest developments to help you reduce research time and improve your best practices. You’ll also get working papers, client letters, source documents, practice tools, and sample forms.

Interest Expenses Federal Tax Research & Guidance

Access the Lawi Taxation Law Platform’s expert-written analysis and overviews on interest expenses from a federal tax perspective. Find practical research on interest expenses topics, such as bonds, debt instruments, interest income, indebtedness, and more. Access the Lawi Taxation Law Platform’s detailed analysis, practice tools, client letters, source documents, and working papers to help you with any transaction.

Legal and Accounting Fees Federal Tax Research & Guidance

Find the in-depth analysis, overviews, practice tools, and guidance you need on legal and accounting fees from a federal tax perspective from The Lawi Taxation Law Platform. Lawi offers a number of resources that provide insights on new federal tax policies and developments concerning legal and accounting fees, including attorneys’ fees, business and professional fees, transaction expenses, court fees, and more. Our team of leading practitioners gives you timely updates on best practices, and our products feature working papers, client letters, source documents, and sample forms to fully equip you to deal with any transaction.

Deduction Limitations Federal Tax Research & Guidance

The Lawi Taxation Law Platform’s unparalleled analysis of federal tax deduction limitations gives you a more in-depth understanding of existing and forthcoming policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our products offer comprehensive coverage of every major aspect of federal tax deduction limitations, including deduction limits, public policy restrictions, personal deductions, loss deductions, and more. Also included are practice tools, client letters, source documents, and sample forms to fully equip you to deal with any transaction.

Lobbying and Political Expenditures Federal Tax Research & Guidance

The Lawi Taxation Law Platform is your trusted source for detailed analysis and insights on federal tax transactions and topics related to lobbying and political expenditures. Our renowned Reports — written by leading practitioners — provide you with key analysis and compliance guidance on every federal tax aspect of lobbying and political expenditures, including political activities, candidates and public office holders, Section 527, campaign contributions, and more. Our experts give you real-world business scenarios providing best practices and alternative approaches to tax & accounting topics and transactions. Access practice tools, working papers, client letters, source documents, and overviews to see why tens of thousands of practitioners rely on LAWI for exceptional tax and accounting guidance.

Medical Expenses Federal Tax Research & Guidance

Access the Lawi Taxation Law Platform’s expert-written analysis and overviews for federal tax transactions and topics related to medical expenses. Find practical federal tax insights on medical expenses, such as COBRA, HIPAA, workers’ compensation, accident and health benefits, and more. Access the Lawi Taxation Law Platform’s detailed analysis, practice tools, client letters, source documents, and working papers to help you with any transaction.

Moving Expenses Federal Tax Research & Guidance

Find the in-depth analysis, overviews, practice tools, and guidance you need on federal tax transactions and topics involving moving expenses from the Lawi Taxation Law Platform. Lawi offers a number of resources that provide insights on new federal tax policies and developments concerning moving expenses topics, including relocation, deductions limited to individuals, change in employment, reimbursements, and more. Our team of leading practitioners gives you timely updates on best practices, and our products feature working papers, client letters, source documents, and sample forms to fully equip you to deal with any transaction.

Penalties Federal Tax Research & Guidance

The Lawi Taxation Law Platform’s unparalleled analysis of penalties relating to federal tax transactions gives you a more in-depth understanding of existing and forthcoming policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our products offer comprehensive coverage of every major federal tax aspect of penalties, including civil tax penalties, such as failure to file and failure to pay; fraud; reasonable cause exception; deductibility of fines and similar penalties under Section 162(f); and more. Also included are practice tools, client letters, source documents, and sample forms to fully equip you to deal with any transaction.

Research and Development Expenses Federal Tax Research & Guidance

The Lawi Taxation Law Platform is your trusted source for detailed analysis and insights on research and development expenses from a federal tax perspective. Our renowned Reports — written by leading practitioners — provide you with key analysis and compliance guidance on every federal tax aspect of research and development expenses, including Section 41 R&D credit, commercial production of a new product, computer software development, aggregation of expenditures, and more. Our experts give you real-world business scenarios providing best practices and alternative approaches to tax & accounting topics and transactions. Access practice tools, working papers, client letters, source documents, and overviews to see why tens of thousands of practitioners rely on LAWI for exceptional tax and accounting guidance.

Start-Up Expenditures Research & Guidance

State and Local Taxes Deductions Research & Guidance

Find the in-depth analysis, overviews, practice tools, and guidance you need on the state and local tax deductions from the Lawi Taxation Law Platform. Lawi offers a number of resources that provide insights on new tax policies and developments concerning every facet of the state and local tax deductions, including business or for-profit activities, qualification for deductibility, tax obligations to other persons, proper timing for taking a deduction for paid or accrued taxes, complexities of accrual principles, and more. Our team of leading practitioners gives you timely updates on best practices, and our products feature working papers, client letters, source documents, and sample forms to fully equip you to deal with any transaction.

Trade and Business Expenses Federal Tax Research & Guidance

Access the Lawi Taxation Law Platform’s expert-written analysis and overviews on federal tax transactions and topics related to trade or business expenses. Find practical federal tax guidance on trade or business expense topics, such as production of income expenses, for-profit activities, entertainment expenses, per diem allowances, and more. Access the Lawi Taxation Law Platform’s detailed analysis, practice tools, client letters, source documents, and working papers to help you with any transaction.

Related Topics

Liabilities Tax
Losses Federal Tax
Federal Tax Credits and Incentives
Reporting and Recordkeeping Requirements