Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

Here are 18 small-business tax deductions, some well-known and others ... That’s defined as one that is “common and accepted in your industry.” A necessary expense is further defined as ...

Yes, you can deduct self-employment tax as a business expense. It's actually one of the most common self-employment tax deductions. The self-employment tax rate is 15.3% of net earnings.

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take ...

“The most common mistake that you’ll see is that a taxpayer will go to an accountant or go to do their taxes through a ...

A nonrefundable credit can reduce your tax liability to zero but not below that. Refundable credits can reduce your liability ...

Lawmakers adopted the Tax Cuts and Jobs Act (TCJA) of 2017 and it represented the most significant tax policy overhaul since ...

The 2017 Tax Cuts and Jobs Act eliminated unreimbursed itemized deductions for ... Yes, if they are both common to your industry and necessary to help your business ‒ and you have receipts.

The 2017 Tax Cuts and Jobs Act eliminated unreimbursed itemized deductions for employees ... Yes, if they are both common to your industry and necessary to help your business -- and you have receipts.