Partners sometimes pay business expenses out of pocket. But whether they can deduct those costs generally depends on the partnership agreement or an established reimbursement policy or practice. We explain the importance of clearly written policies and the rules for unreimbursed partnership expenses, including business mileage and home office costs.

Do you own a principal residence, rental property or other real estate? There are many legal ways to hold property. But you may not know that how property is titled will affect how it is transferred to your heirs after death. This article explains the basic options and considerations.

For businesses that carry it, inventory can be a complex operational area that's fraught with errors and losses. Often, such problems spring from carrying too much inventory or from failing to keep processes tight and up to date. This article suggests ways to maintain a lean, well-controlled inventory.

Can you deduct the cost of a facelift? How about "Lasik" eye surgery or the cleaning solution for contact lenses? Some of the procedures that pass muster with the IRS may surprise you. Take a look at a chart with eligible and not-eligible medical expenses. There are some unusual qualified expenses that might allow you to get a tax break.