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 ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

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

Below, let’s explore critical small business tax deductions ... For home-based businesses, rent might fall under the home office deduction, which is covered below. Business travel, including ...

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 ...

Filing small business taxes for the first time (or any time ... If you work from home, you may qualify for a home office ...

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

Filing small business taxes for the first time (or any time ... If you work from home, you may qualify for a home office deduction. You should track any expenses you would have if you operated ...

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 ...

"If you have a dedicated workspace at home, the home office deduction can be one of small businesses's most powerful tax breaks," Lovison said. You can opt for the simplified or actual expense ...