Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

While you should use a business credit card for company expenses, there aren't necessarily dire consequences if you ...

Still going strong after nearly 40 years in business, Sue Covington has no plans to slow down or retire. In fact, she ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

Roughly 37% of filers qualify. 1. The home office deduction If you work from your home or use part of it in your business, then self-employment tax deductions like this one could get you a break ...

April 15 is also the deadline in the majority of states that collect income tax. Residents and businesses in parts ... It also allows users to claim deductions for health savings accounts, as ...

Taxes are a part of life for everyone. But when it comes to running a business, investing in real estate, or managing insurance, taxes can get complicated fast. Understanding how tax laws work in ...

Ghanaian film maker Peter Sedufia has remonstrated the high taxes imposed on business activities in the creative economy. In an open letter written to the Minister of Tourism, Culture and Creative ...

Historically, long-term investments and critical insurance have merited tax deductions. In the last five years after deductions were decoupled from income tax, the trends indicate a decline in life ...

Official modelling shows Peter Dutton’s proposed tax deduction for small business lunches will cost less than $250 million as the Coalition moves to counter accusations its new policy is wasteful.

has reintroduced a bill in the House of Representatives seeking to make permanent a tax code amendment allowing for a 20% deduction of qualified income for pass-through businesses, a provision of ...