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February 13, 2018
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Under the new tax law you can’t deduct hobby expenses.
If your business made building or equipment repairs last year, the cost might be fully deductible on your 2017 tax return. But it might not be…
December’s Tax Cuts and Jobs Act preserves the charitable deduction. But you still might find that you don’t enjoy the same tax benefits from charitable giving in 2018 as you do on your 2017 return.