Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

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 ...

There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...

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

Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

For home-based businesses, rent might fall under the home office deduction, which is covered below. Business travel, including airfare, hotels, and ground transportation, can be deducted if it is ...

The home office deduction is a tax break that some self-employed people who work from home can use to lower their taxable ...

Home office deductions only apply to small ... The Taxpayer Certainty and Disaster Relief Act of 2020 temporarily boosted the business deduction for food and beverages to 100%, including tax ...

The home office deduction allows eligible taxpayers to reduce their tax obligation by writing off their workspace as a legitimate business expense. In most cases, the home office deduction applies ...

In Budget 2025, the government opted not to modify the existing tax regime or introduce any new deductions. Finance Minister ...