A new court case establishes that one-on-one training can count as a seminar for tax purposes. We show you how to do it right and be able to deduct 100 percent of a trip to, say, St. Thomas.

Take advantage of the government’s tax-free $250,000 home-sale-profit exclusion by selling your home to yourself ($500,000 if married). By forming an S Corporation, you can sell your house to your corporation and eliminate the taxes by utilizing Section 121. There are important details, though, so read carefully.

Beware! Learn how the Alternative Minimum Tax (AMT) taxes the mortgage interest deduction that lawmakers granted you under the regular income tax. Ouch!

In court, David Choe succeeded proving that his laptop was business use, but a bad mileage log took away all his automobile deductions. Ouch! Learn how to avoid this egregious error.

Contrary to popular opinion (and an IRS official), you can deduct gym fees when traveling for business. See the evidence and read how to deduct gym fees as travel expenses.

Which is better: paying medical insurance out of your pocket, or forming a C corporation to deduct the insurance costs? The extra tax on the corporation might outweigh the insurance deduction. Or, it might not.

Under tax law, Medicare B can be deducted as health insurance. We have proof. Also, we show you how to get the Medicare premium to qualify as an employer plan, and how to relate it to the earned income of your business.