I just lost my job and my credit card company says it will write off $10,000 on a $30,000 debt. Should I accept?

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s ...
Business Insider

Tax write-offs small-business owners shouldn't forget

Anything that you use to run your business could be a tax write-off, or an expense that can be claimed as a deduction to lower your taxable income, four small-business owners told Insider. This ...
Fox Business

What is a tax write-off? How the deductions impact businesses taxable income

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must be ...
Yahoo

What Yoga Teachers Can (And Cannot) Write Off on Taxes

As a yoga teacher, you probably draw on intention and maybe even intuition to lead your students through their practice. But those talents, while valuable, won't exactly help you when it's time to do ...
Hosted on MSN

SALT Write-Offs: Trump Tax Changes and Requirements

The state and local tax (SALT) deduction lets taxpayers write off certain state and local taxes from their federal taxable income. Under the One Big Beautiful Bill Act, signed into law by President ...
The Nation

Do Charitable Write-Offs Pay Off?

Bill Gates and Melinda Gates at the Bill and Melinda Gates Foundation’s Goalkeepers Conference 2017 at Jazz at Lincoln Center in New York City. (PBG / AAD / STAR MAX / IPx via the Associated Press) ...
People

Madeleine White Addresses Claim That Influencers Can Include Luxury Purchases on Tax Write-Offs

The influencer took to TikTok to address recent questions floating around on social media about whether influencers can "write-off" certain purchases as business expenses Madeleine White Fedyk/TikTok; ...
AOL

The rich can now write off a jet in full. Don’t you deserve one too?

Buried within President Trump’s nearly 900-page One Big Beautiful Bill Act signed into law in July is a boon for the private jet lobby: Executives who use private jets for business can now write off ...
Seeking Alpha

Granite Point Mortgage Trust: Write-Offs Are Accelerating

Granite Point Mortgage Trust is a small mortgage REIT with a $3 billion loan book invested in floating rate loans. GPMT has experienced significant office loan defaults in Q2-Q4 2023, resulting in ...