There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...

Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other ...

Your business will also have access to special tax deductions that aren't available to sole proprietors or partnerships. As ...

Section 80-IA grants deductions on profits earned from certain business activities. Its purpose is to incentivize investment in infrastructure and specific industries by providing tax benefits.

Jackie is a freelance contributor to Newsweek’s personal finance team. She is an Accredited Financial Coach (AFC®ª) and loves helping freelancers and artists manage their money and overcome ...

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 ...

Your payday could get a bump this year now that the Internal Revenue Service's updated income tax brackets and higher standard deductions have taken effect. Depending on your income level ...

Though the major tax relief is likely to be announced for the new tax regime, taxpayers need to know the current deductions available under the old tax regime. Here’s a comprehensive guide to the key ...

Congressman Lloyd Smucker entered the fray on Thursday, reintroducing his proposal to extend a business tax deduction set to lapse at the end of this year. His bill, reviving legislation he ...

IRS is cracking down on your online income. What to know - Millions more taxpayers with online side hustles will receive 1099-K tax forms this month ...

Additionally, there is a tax deduction of up to Rs 50,000 under Section 80CCD(1B), on top of the Rs 1.5 lakh limit under Section 80CCE. A significant change announced in the 2024 Budget is the ...

Etsy is an e-commerce platform focused on small businesses and artisans which sell handmade or vintage items. It started life in Brooklyn, New York and quickly expanded throughout the US and into ...