Beverly is a writer, editor, and paralegal specializing in personal finance and tax law. She covers personal financial and legal topics, as well as tax breaks, tax preparation software, and tax law ...

Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.

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The IRS has raised the slot jackpot reporting threshold from $1,200 up to $2,000. From January 1, this new limit will be introduced, changing the longstanding threshold of twelve hundred dollars that ...