You can significantly reduce your taxable income and improve your financial health by leveraging commonly overlooked deductions. Below, let’s explore critical small business tax deductions ...

Gift 5 articles to anyone you choose each month when you subscribe. A fresh row has erupted over support for small business following attempts by the government to scrap provisions that enable ...

What this means is Section 179 is a true small and midsize business tax deduction, as those types of companies will typically not reach a $3 million-plus equipment spend. Since the entire point ...

At the end of 2025, the 20 percent Small Business Deduction (also known as the 199A pass-through deduction) is set to expire—and that could mean a massive tax hike for entrepreneurs and startups.

I have practiced public accounting for 21 years and can tell you without doubt that the 20% small-business deduction has been the single most beneficial tax deduction for small-business owners.

you can take tax deductions for things like child care, medical expenses, or mortgage interest. As a business owner, you can access small business tax deductions that help offset some of the taxes ...

has reintroduced a bill in the House of Representatives seeking to make permanent a tax code amendment allowing for a 20% deduction of ... growth policy will ensure small businesses maintain ...

If you're a W-2 remote employee hired for a period of time to complete ongoing work on a company's payroll, you probably ...

But a tax break? Yeah, sometimes. "If you use your house for business, it opens the door to significantly more deductions being ... house within two years have a small loss or break-even on ...

Congressman Lloyd Smucker entered the fray on Thursday, reintroducing his proposal to extend a business tax deduction set to ... pro-growth policy will ensure small businesses maintain tax parity ...