As a first-time small business owner, you're responsible for paying federal income taxes according to the rules set by the ...

A Shreveport small business owner will represent Louisiana's small business community in Washington, D.C. to advocate for the permanent renewal of a tax deduction which would expire at the end of ...

Actual Expenses – Deduct costs like gas ... and seeking professional advice, small business owners can make the most of their tax savings. Remember—every dollar saved on taxes is one you ...

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 ...

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

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.

In what’s sure to be welcome news for small and ... the deduction decreases on a dollar-for-dollar basis. Companies can purchase or finance eligible new and used business equipment, and deduct ...

CHARLESTON, S.C. (WCIV) — State lawmakers are taking steps to change the liquor liability laws.

Play the USA TODAY Daily Crossword Puzzle. So who can take home office deductions? Home office deductions only apply to small business owners who are self-employed. If you do freelance work ...

"Commuting expenses are not tax deductible, even for business owners," Milla Liberson ... the home office deduction can be one of small businesses's most powerful tax breaks," Lovison said.