Learn
Insights
Tax tips, options trading ideas, and market takes — updated regularly.
All
Investing Basics
Market Commentary
Options Strategies
Options Trading
Retirement & Income
Stock Research
Tax Planning
Trading Psychology
filtered by tag — clear
Tax Planning
The IRS Just Loosened the Rules on Deducting Business Interest. Here's Who Actually Benefits — and Who Needs to Check Twice.
A new IRS FAQ update restores a bigger interest-expense deduction for leveraged businesses. It never mentions active traders directly — which is exactly why traders need to check which rule applies to them.
Tax Planning
The IRS Just Did Something It Almost Never Does: Changed the Mileage Rate Mid-Year
The IRS has bumped the business mileage rate to 76 cents per mile — for the second half of 2026 only. Mid-year changes like this have happened just four times since 2005. Here's what actually changed, who it affects, and why "I trade for a living" probably doesn't qualify you for the deduction.