Each category includes what it covers, why it qualifies as deductible, and any special IRS rules or limits you should know.

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Investopedia / Jake Shi A restatement ...

Many investors avoid airline stocks due to their volatility, which can be triggered by the health, or lack thereof, in the broader economy. In 2025, investors are navigating crosscurrents that are ...

Balance sheets consist of assets, liabilities, and shareholders' equity, revealing financial health. Shareholders' equity equals assets minus liabilities and reflects theoretical investor value if a ...