Donating a car to charity can be a big deduction on your tax return, but the value of your deduction can depend on the organization you donate your car to and how they use the vehicle.

There are many things that come in pairs because they make sense - peanut butter and jelly, salt and pepper, shoes - the list goes on and on. Travel insurance for business travel is no different. There are inevitable changes to business travel or circumstances that arise while away from home. One way to protect the financial investment of business travel is to consider travel insurance.

A simple way to think about your 1040 tax return is focusing on a single line, your Adjusted Gross Income (AGI). Anything "above the line" creates an AGI that can yield tax opportunities or tax consequences for anything "below the line." Being aware of "the line" and the impact it has on your tax return can help you make better tax decisions throughout the year.

If your eyes glaze over when you read the word "depreciation" you are not alone. While depreciation is simply deducting the cost of business equipment over time, special tax provisions allow flexibility in how much can be expensed in a given year.

The 21st Century Cures Act, a new law signed late in 2016 that helps fund medical research, also provides a cure for the health insurance woes of small employers. Under this legislation, your small business may now offer stand-alone Health Reimbursement Arrangements (HRAs) for employees.