Deductions, decoded.
Plain-English answers about U.S. federal tax deductions and nonprofit classifications — grounded in the actual IRS source documents, with citations you can check.
What it does
Describe the situation in your own words. TaxLit retrieves the relevant sections of the Internal Revenue Code, regulations, and IRS publications, then returns a structured answer: the rule, the citation, how it applies, where to report it, and what to keep on file.
For small businesses
Is it deductible? Partial? Not? See the rule, the cite, and where it goes on your return.
For nonprofits
Properly classified? Reclassify? UBI risk? Status risk? Get the analysis with the source.
Always cited
Every answer links back to IRC, eCFR, IRS publications, or rulings. Nothing made up.
Not a CPA
A literacy tool, not advice. Designed to make you a better-informed client.