Stephen Fishman

J.D. · USC Gould School of Law
Deducting Medical Costs Under the Tax Cuts and Jobs Act
The new tax law makes it harder for most taxpayers to deduct medical and travel expenses. ... READ MORE

Deducting Prepaid Expenses under the Cash Basis Method
Most individuals and many small businesses use the cash basis method of accounting. Generally, this means you record income when cash is received and you record expenses when cash is paid out. ... READ MORE

Advance Rental Income, Security Deposits, and Taxes
Whether a tenant's payment is considered advance rent or a security deposit can have important tax implications for landlords. ... READ MORE

Tax Deduction for Worthless Securities
You may be able to recoup some losses by taking a tax deduction for worthless securities but the rules are complicated. ... READ MORE

Franchise Royalty Fees
Before you decide to open a franchise, it's essential you understand how initial franchise fees and franchise royalty fees typically work. ... READ MORE